Tech Stocks in Bullish Zone: Alliance Fiber Optic Products (NASDAQ:AFOP …

Investors certainly have to be happy with Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) and its short term performance. After all, the stock has jumped by 29.8% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend. Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) shares after opening at $18.61 moved to $20.02 on last trade day and at the end of the day closed at $19.62. Company price to sales ratio in past twelve months was calculated as 4.75 and price to cash ratio as 7.74. Alliance Fiber Optic Products Inc. (NASDAQ:AFOP) showed a positive weekly performance of 5.03%.

SPS Commerce, Inc. (NASDAQ: SPSC) reported Q1 EPS of $0.14, $0.01 better than the analyst estimate of $0.13. Revenue for the quarter came in at $28.9 million versus the consensus estimate of $28.67 million. SPS Commerce, Inc. sees FY2014 EPS of $0.14-$0.15, versus the consensus of $0.15. SPS Commerce, Inc. sees FY2014 revenue of $30.3-30.8 million, versus the consensus of $30.8 million. SPS Commerce, Inc. (NASDAQ:SPSC) shares advanced 5.39% in last trading session and ended the day on $51.01. SPSC return on equity ratio is recorded as 0.70% and its return on assets is 0.60%. SPS Commerce, Inc. (NASDAQ:SPSC) yearly performance is 11.40%.

Telecom Argentina (NYSE:TEO), one of the leading telecommunications groups in Argentina, announced on 14 April that it has submitted its 2013 Annual Report on Form 20-F to the Securities and Exchange Commission (“SEC”), that include the corresponding audited financial statements under International Financial Reporting Standards (“IFRS”) as of and for the year ended December 31, 2013. Telecom Argentina S.A. (ADR) (NYSE:TEO) shares moved up 5.62% in last trading session and was closed at $20.49, while trading in range of $19.40 – $20.54. Telecom Argentina S.A. (ADR) (NYSE:TEO) year to date (YTD) performance is 18.85%.

Systemax Inc. (NYSE:SYX) announced that it will release financial results for the first quarter ended March 31, 2014 on Tuesday, April 29, 2014 after U.S. Systemax Inc. (NYSE:SYX) weekly performance is 17.52%. On last trading day company shares ended up $17.84. Systemax Inc. (NYSE:SYX) distance from 50-day simple moving average (SMA50) is 29.44%. Analysts mean target price for the company is $12.00.

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