Tessera Technologies Inc.  (TSRA) Trade Now »     Rate TSRA  -  Discuss TSRA  -  Add to Watch List        

<font> <font> This short pick started to move in the right direction for us (lower) a couple of different times. It just couldn't stay pointed in the right direction. Today, it gapped higher following a couple of day's worth gains. </font> </font>

<font> <font> Normally I'd be inclined to cut bait at this point, especially with it being a short trade. In the case of Tessera though, I think this is one we can stick with a bit longer.  </font> </font>

Filed under: Market matters, QUALCOMM Inc (QCOM), Cramer on BloggingStocks

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Tessera Technologies (TSRA) shares are getting pounded after hours on a weaker-than-expected Q4 outlook.

The company, an semiconductor IP licensing company, posted Q3 revenue of $66.1 million, a bit ahead of the Street at $65.7 million, while non-GAAP profits of 37 cents a share were well ahead of the Street at 21 cents.

Filed under: Newsletters, Stocks to Buy

"If you use a mobile phone with a camera, thank Tessera (NASDAQ: TSRA)," says Mike Cintolo in the Cabot Top Ten Report. "When it comes to miniaturization, Tessera is the go-to company."

"Tessera is one of the companies that drove the price of camera components down by miniaturizing them and combining them on a single chip.

"You'll find its technology in MP3 players, video games, wireless phones, computers and numerous other products where companies are forever working to design products smaller and manufacture them more cheaply.

"If you use a mobile phone with a camera, thank Tessera (NASDAQ: TSRA)," says Mike Cintolo in The Cabot Top Ten Report. "When it comes to miniaturization, Tessera is the go-to company."

"Tessera is one of the companies that drove the price of camera components down by miniaturizing them and combining them on a single chip.

"You’ll ?nd its technology in MP3 players, video games, wireless phones, computers and numerous other products where companies are forever working to design products smaller and manufacture them more cheaply.