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Posted by Sarah Evans on Wednesday, November 10th, 2010

Pegasystems Inc. (NASDAQ:PEGA) has announced its third quarter earnings on Tuesday after the close of the market. PEGA results indicated the thirteenth consecutive quarter of record earnings. On Tuesday it was closed at $26.93 and today the last trade took place at the price of $28.11. The rising trend in the price of PEGA stock is mainly due to its positive earnings in the third quarter. PEGA has reported GAAP revenues of $90 million, up by 39% YOY basis. The diluted EPS of third quarter, 2010 is $0.08 compared to $0.16 per share for the third quarter of 2009. However the Non-GAAP net income for the third quarter of 2010 was $9.9 million compared to Non-GAAP net income of $6.7 million for the third quarter of 2009, showing YOY increase. It has market capitalization of $1.04 billion. PEGA stock volume turnover has crossed 805K, well above its average three months volume turnover. PEGA stock has a one year target fair value price of $35.50. It is a potential investment opportunity for medium term investors.

NetSol Technologies Inc. (NASDAQ:NTWK) like the stocks of other technology based companies, the stock of NTWK is also going in the upward direction. So far it has witnessed the price increase of 0.20 cents. Today last trade took place at $1.61 where as it was closed at the price $ 1.43 on Tuesday. The gain in percentage terms is 13.99%. The main reason behind this bullish attitude of investors is NTWK first quarter results of 2011. The result shows the double digit sales growth, improving net income and improving gross margins. Revenues of the company in the 1st quarter, 2011 are $8.4 million, up 10.2% from $7.6 million same period last year. The net Income for the quarter is $1.6 million, up from a $0.3M net loss last year. Today it has a volume turnover of 1.9 million. It is trading at a huge discount of 64% from its one year target fair value of $2.50. Investors can earn alpha returns in the stock but they should invest after careful due diligence.

Cimatron Limited. (NASDAQ:CIMT) stock has showed an enormous increase in its price in the opening hour of market, on Wednesday. Investors are bullish on CIMT and so far in the opening session its price raised to $2.96, as compared to $1.78, the price at which the stock was closed last day. So far it has a gain of $1.96. This is due to the fact that CIMT has announced its third quarter earnings before the pre open session, on Wednesday. CIMT diluted EPS for this quarter is $0.04 and revenues are $8.7million. Their Operating results in the first nine months of 2010 improved by $2.5M YOY basis. Their Chief Executive Officer said that the company was very pleased with the third quarter results of 2010. Traditionally their third quarter was the weakest quarter because of the long summer vacations. On a risk adjusted basis, stock can give quick returns to intraday traders.

Regards,

Don