2 Nasdaq Stocks Wall Street's Talking About
Investors were pleased to see the stock market regain some ground late Friday from the worst of its intraday declines. However, Wall Street still seems a little bit concerned about the prospects for the high-growth stocks that dominate the Nasdaq Composite (NASDAQINDEX: ^IXIC). As of 11:45 a.m. ET, the Nasdaq was up 1%, but that trailed gains in the broader market.
Making news today were a couple of companies with Nasdaq listings that drew the attention of professional stock analysts. Autodesk (NASDAQ: ADSK) shares were down sharply, but shares of Saia (NASDAQ: SAIA) posted modest gains following Wall Street comments. Below, you'll see more of what analysts were saying about the companies and how their businesses look.
Autodesk shares were down more than 8% in midmorning trading on Monday. The maker of computer-aided design (CAD) and other software tools for architects, engineers, and other creative professionals drew negative comments from stock analysts as it prepares to release its latest quarterly financial results later this week.
Source Fool.com
