 | Your browser does not display parts of our website correctly. We use the latest technology available to provide you with a high quality experience; please upgrade your browser to its latest version to view the contents properly: |
Ingram Micro (IM) distributes information technology (IT) products; and provides IT supply-chain, mobile device lifecycle, and logistics solutions worldwide.
The companys IT peripherals include printers, scanners, displays, projectors, monitors, panels, mass storage, and tape products; large format LCD and plasma displays, enclosures, mounts, media players, and content software, as well as content software, creation, hosting, and installation services; mobile phones, digital cameras and video disc players, game consoles, televisions, audio, media management, and home control products; barcode/card printers, AIDC scanners and software, and wireless infrastructure products; IP video surveillance, security and fire alarm systems, and access control smart cards; processors, motherboards, hard drives, and memory products; and ink and toner supplies, paper, carrying cases, and anti-glare screens.
It also provides rack, tower, and blade servers; desktops; portable personal computers and tablets; and business application, operating system, entertainment, security, storage, and virtualization software products, as well as middleware and developer software tools. The companys networking products comprise switches, hubs, routers, wireless local area networks, wireless wide area networks, network interface cards, cellular data cards, network-attached storage, and storage area networks; VoIP, communications, modems, phone systems, and video/audio conferencing; and firewalls, VPN, intrusion detection, and authentication devices and appliances.
In addition, it provides integration, technical support, training, financial and credit, marketing, e-commerce, managed, cloud, managed print, professional, and mobility logistics services; and domain name management, Web hosting, and cloud infrastructure services. The company sells its products to resellers through sales representatives.
Shares have formed a bullish "flag" after the firm announced its entry in the "cloud" business. We expect shares to move higher from this formation.
52-Week Trading Range: $16.96 - $30.33
Entry Point: $29.46
Stop Loss: $27.95
Taret Price: $32.41
IM fell below our stop loss.
