IBD 50 Stocks To Watch: Synopsys Clears Its First Buy Point Of 2021

IBD 50 Stocks To Watch: Synopsys Clears Its First Buy Point Of 2021
ALAN R. ELLIOTT
·3 min read

Synopsys scored a breakout in December, and cleared another buy point on Wednesday. But can it maintain its pace of the past two years?

Continue reading

Recommended Stories

  • Republicans ‘increasingly irritated’ by Marjorie Taylor Greene’s repeated efforts to disrupt work of Congress, report says

    Reps Cheney, Issa, and Kinzinger were among GOP who voted against adjournment

  • International Criminal Court opens Israel-Palestine war crimes probe

    International Criminal Court (ICC) prosecutor Fatou Bensouda on Wednesday announced her intention to open an investigation into crimes allegedly committed in the Palestinian territories since 2014. Why it matters: The investigation is expected to consider possible war crimes by Israel and Hamas during the 2014 war in Gaza, as well as the construction of West Bank settlements by Israel. It could sharply increase tensions between Israel, which fiercely opposes the probe, and Palestinian leaders, who requested it.Stay on top of the latest market trends and economic insights with Axios Markets. Subscribe for freeThe investigation will also force the Biden administration to wade into the Israel-Palestine conflict, which had been very low on its foreign policy priorities list.Israel is very concerned that any investigation could lead to international arrest warrants against Israeli officials and military officers and could boost BDS (boycott, divestment and sanctions) campaigns against Israel.The latest: The Palestinian foreign ministry welcomed the decision as an opportunity for justice and accountability and called for a swift investigation.Netanyahu called the investigation an "attack" on Israel and vowed to "fight for the truth.""The biased International Criminal Court took a hypocritical and anti-Semitic decision," he said. "The court doesn't say anything about the real war crimes Iran and Syria commit."What's next: Bensouda said the priorities of the investigation will be determined in the coming weeks, taking into consideration coronavirus-related operational challenges, the limited resources of her office and the current heavy workload.Bensouda made this decision in her final months in office, and it's unclear whether she coordinated the move with her successor.What she's saying: “Any investigation undertaken by the Office will be conducted independently, impartially and objectively, without fear or favor," Bensouda said in a statement.She added that the investigation will take time and be grounded in facts and the law. "My office will take the same principled, non-partisan approach that it has adopted in all situations over which its jurisdiction is seized. We have no agenda other than to meet our statutory duties under the Rome Statute with professional integrity," she said.Flashback: The Trump administration joined Israel in mounting a vigorous campaign in 2019 to block a potential investigation, including by placing sanctions on Bensouda and other court officials.ICC judges cleared the way for a potential investigation last month when they ruled that the court has jurisdiction in the West Bank and Gaza. (Israel isn't a party to the Rome Statute, which set the court's mandate, but the Palestinian territories are.)Behind the scenes: Israel had asked dozens of allies to convey a "discreet message" to urge Bensouda not to move forward with the probe, as Axios reported two weeks ago. Israeli Prime Minister Netanyahu also asked President Biden to keep U.S. sanctions on the court in place as leverage.Like this article? Get more from Axios and subscribe to Axios Markets for free.

  • Myanmar's Christian refugees hold anti-coup protest in India

    About 300 refugees from a Christian minority community from Myanmar held a demonstration in India's capital on Wednesday against last month’s military takeover in their country and demanded the immediate release of Aung San Suu Kyi and other Myanmar leaders. The demonstration was held at Jantar Mantar, an area of New Delhi close to Parliament that is often used for protests.

  • Former CIA chief says he is ‘increasingly embarrassed’ to be a white man

    John Brennan says ‘there are so few Republicans in Congress who value truth, honesty, and integrity’

  • Biden hit with first Cabinet defeat as White House withdraws Neera Tanden nomination for budget chief

    Neera Tanden, Biden's choice to lead the Office of Management and Budget, became known for social media attacks on the GOP- and those on the left.

  • Meghan Markle Dismisses Bullying Allegations as Pre-Oprah ‘Calculated Smear Campaign’

    Ben Birchall/WPA Pool/GettyMeghan Markle has denied detailed accusations of “bullying” her former Buckingham Palace staff and accused opponents of conducting a “calculated smear campaign” in advance of her much-hyped CBS interview with Oprah Winfrey this Sunday.If Meghan and Prince Harry had anticipated an open field to criticize the royal family and/or air various grievances, certain Buckingham Palace sources seem determined to torpedo their ambitions prior to Sunday night.Harry and Meghan Are Begged to Delay Oprah Broadcast While Prince Philip Is Gravely IllRoyal aides told The Times of London that Meghan was the subject of an official bullying complaint made in October 2018 by Jason Knauf, Meghan and Harry’s former communications secretary. The Times reported that the complaint detailed how Meghan allegedly “drove two personal assistants out of the household and was undermining the confidence of a third staff member.” Prince Harry asked Knauf not to pursue the complaint, a source told the paper.“Staff would on occasion be reduced to tears” because of the duchess, The Times reported. One aide, anticipating a confrontation with Meghan, told a colleague: “I can’t stop shaking.” Another aide claimed it felt “more like emotional cruelty and manipulation, which I guess could also be called bullying.”Knauf, in an email to Simon Case, then the Duke of Cambridge’s private secretary, said the palace’s head of HR, Samantha Carruthers, “agreed with me on all counts that the situation was very serious.” He added: “I remain concerned that nothing will be done.”Knauf, who is now chief executive of Prince William and Kate Middleton’s Royal Foundation, said in his email: “I am very concerned that the Duchess was able to bully two PAs out of the household in the past year. The treatment of X was totally unacceptable… The Duchess seems intent on always having someone in her sights. She is bullying Y and seeking to undermine her confidence. We have had report after report from people who have witnessed unacceptable behavior towards Y.”Sympathetic sources around Harry and Meghan relayed their frustration and hurt with the attitudes of palace officials in Finding Freedom: Harry and Meghan and the Making of a Modern Royal Family.However, palace sources told The Times that the bullying allegations had not been investigated by the palace and that officials had made Meghan more “welcome” than the couple’s supporters have long claimed. One source said of the bullying complaint: “I think the problem is, not much happened with it. It was, ‘How can we make this go away?,’ rather than addressing it.”Another source told The Times: “Senior people in the household, Buckingham Palace and Clarence House, knew that they had a situation where members of staff, particularly young women, were being bullied to the point of tears. The institution just protected Meghan constantly. All the men in grey suits who she hates have a lot to answer for, because they did absolutely nothing to protect people.”The paper said the sources were speaking out now in advance of Meghan’s Sunday night interview to give their view of Harry and Meghan’s royal life, presumably anticipating that it may be very different from what the couple may relay to Winfrey. The broadcast of the interview—the result of a reported two years’ worth of planning by Meghan and Winfrey—is being criticized as ill-timed given the illness and hospitalization of Prince Philip.Buckingham Palace declined to comment to The Times.The paper also details how Meghan wore earrings to a formal dinner in 2018 that were a wedding gift from Saudi Arabian Crown Prince Mohammed bin Salman, who the CIA concluded last week had ordered the assassination of Washington Post columnist Jamal Khashoggi. The dinner took place three weeks after Khashoggi was killed. At the time Meghan said the earrings were borrowed. “The duchess does not deny this was what she said, despite being aware of their provenance,” The Times reported.In a statement to The Times, a spokesperson for the Sussexes said of the various allegations: “Let’s just call this what it is—a calculated smear campaign based on misleading and harmful misinformation. We are disappointed to see this defamatory portrayal of The Duchess of Sussex given credibility by a media outlet. It’s no coincidence that distorted several-year-old accusations aimed at undermining The Duchess are being briefed to the British media shortly before she and The Duke are due to speak openly and honestly about their experience of recent years.“In a detailed legal letter of rebuttal to The Times, we have addressed these defamatory claims in full, including spurious allegations regarding the use of gifts loaned to The Duchess by The Crown. The Duchess is saddened by this latest attack on her character, particularly as someone who has been the target of bullying herself and is deeply committed to supporting those who have experienced pain and trauma. She is determined to continue her work building compassion around the world and will keep striving to set an example for doing what is right and doing what is good.”Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.

  • ‘Textbook voter suppression’: How Trump’s stolen election lies are shaping the future of democracy

    Republicans in 43 states have introduced more than 250 bills restricting voting rights, underscoring urgency in Congress to pass sweeping elections legislation, Alex Woodward reports

  • Capitol Police warn militia group may be planning to breach the Capitol on Thursday

    Nearly two months after the Jan. 6 attack on the Capitol building, officials are warning a militia group may be plotting another breach. The U.S. Capitol Police said Wednesday it has obtained intelligence "that shows a possible plot to breach the Capitol by an identified militia group" on March 4. Backers of the debunked QAnon conspiracy theory falsely believe former President Donald Trump will actually be sworn into office for a second term on March 4, despite losing the 2020 presidential election. "Our department is working with our local, state, and federal partners to stop any threats to the Capitol," Capitol Police said. "We are taking the intelligence seriously." Officials previously said they would "enhance our security posture and staffing for a number of days, to include March 4," due to "concerning information and intelligence" surrounding that date, ABC News reports. This comes after the acting chief of the Capitol Police, Yogananda Pittman, warned Congress there are militia groups who were present at the Jan. 6 riot who "want to blow up the Capitol and kill as many members as possible" when President Biden addresses a joint session of Congress for the first time. Because of this, Pittman said it's necessary for Capitol Police to "maintain its enhanced and robust security posture," including fencing and National Guard presence. The date for that address by Biden hasn't yet been decided. House of Representatives Acting Sergeant at Arms Timothy Blodgett has also reportedly raised concerns about March 4 threats, with CNN reporting he sent a letter to lawmakers on Wednesday warning of Capitol Police's "new and concerning information and intelligence indicating additional interest in the Capitol" by a militia group on March 4 through March 6. Blodgett, CNN notes, previously told members this week there was "no indication" that any groups were coming to Washington, D.C. to protest or "commit acts of violence." More stories from theweek.com7 scathingly funny cartoons about Trump's CPAC appearanceJoe Biden just yanked away stimulus checks from 17 million AmericansAfter 50 years, a long-lost family photo has made its way back where it belongs

  • Turkey's Erdogan pledges stronger rights and freedoms, critics unimpressed

    President Tayyip Erdogan said on Tuesday his government would strengthen rights to a fair trial and freedom of expression in Turkey under an "action plan" that critics said failed to address real concerns about an erosion of human rights. Part of long-promised moves towards legal and economic reform, the plan would also improve the judicial system and form the first step towards a new constitution, he said. Erdogan, who has faced accusations at home and abroad of increasingly autocratic rule over his NATO member country, said no one could be deprived of freedom because of their thoughts.

  • 5,000 National Guard troops remain in DC amid QAnon frenzy that Trump will be inaugurated again this week

    QAnon followers believe that on 4 March, which was once the inauguration date of US presidents, Donald Trump will become president again

  • New killings deepen Afghan journalists' assassination fears

    It was Mursal Wahidi’s dream job, landed right after finishing her studies in journalism — working at a local TV station in her home city in eastern Afghanistan. The coordinated killings of the three women were the latest in a bloody campaign against journalists in Afghanistan, a country that was already considered one of the most dangerous places in the world to be a journalist. In just the last six months, 15 journalists and media workers have been killed in a series of targeted killings.

  • A wealthy Florida Keys community received vaccines before the rest of the state. A month later, one resident sent $250,000 to the governor.

    The Miami Herald report came amid criticism of Gov. Ron DeSantis of Florida, who has been accused of playing favorites with vaccine distribution.

  • Prince Philip health update: Duke of Edinburgh undergoes successful procedure for pre-existing heart condition

    The Duke of Edinburgh has undergone surgery for a pre-existing heart condition and will remain in hospital for several more days, Buckingham Palace has announced. Prince Philip, 99, was transferred from the private King Edward VII hospital to St Bartholomew’s Hospital, a leading cardiac unit, on Monday. The palace said in a statement: “The Duke of Edinburgh yesterday underwent a successful procedure for a pre-existing heart condition at St Bartholomew’s Hospital. “His Royal Highness will remain in hospital for treatment, rest and recuperation for a number of days.” The Duke was admitted to the King Edward VII in central London on February 16 for "rest and observation" after feeling unwell. It was not an emergency admission and he walked in unaided, with aides revealing they expected him to be released within days and that doctors were simply acting with “an abundance of caution.” But the palace later revealed he was being treated for an infection and would remain in hospital for several more days than expected. The Duke, who in 2011 received treatment for a blocked coronary artery, was subsequently transferred to St Bartholomew’s by ambulance, pictured below.

  • Biden cuts 16 million people off from stimulus checks after striking deal with moderate Senate Democrats, study says

    Biden approved phasing out direct payments entirely for individuals making above $80,000 a year and married couples earning more than $160,000.

  • Canada vaccine panel recommends 4 months between COVID doses

    A national panel of vaccine experts in Canada recommended Wednesday that provinces extend the interval between the two doses of a COVID-19 shot to four months to quickly inoculate more people amid a shortage of doses in Canada. Prime Minister Justin Trudeau also expressed optimism that vaccination timelines could be sped up. The current protocol is an interval of three to four weeks between doses for the Pfizer, Moderna and AstraZeneca vaccines.

  • U.S. issues warning after Microsoft says China hacked its mail server program

    All federal government agencies have until noon Friday to download the latest software update to block the perpetrator.

  • U.S. DOJ declined to investigate Trump transport chief after inspector general review

    The U.S. Justice Department declined to investigate or prosecute then-Transportation Secretary Elaine Chao after the inspector general's office referred allegations of potential misuse of office for review, a report made public on Wednesday said. The report included allegations that Chao directed staff to research or purchase personal items for her online using her personal credit card or performed other personal errands for her or her father. The report focused largely on Chao's actions related to her family's shipping business, the Foremost Group, which was founded by her father and whose current chief executive is her sister.

  • Joe Biden just yanked away stimulus checks from 17 million Americans

    During the campaign for the two Georgia Senate races, Joe Biden repeatedly promised to pass $2,000 stimulus checks if the Democrats won. After they did, the administration argued that $2,000 really meant $1,400 in addition to the $600 that had already gone out in the December rescue package. Whether that is true or not, now Biden is inarguably breaking his promise. Under pressure from moderate Senate Democrats, he has reportedly agreed to cut down the formula under which the checks will be sent out. In the previous packages, the amount started phasing out at $75,000 in income for individuals and $150,000 for joint filers, and vanished entirely at $100,000 and $200,000 respectively (as of 2019). Now the phase-out will start start in the same place but end at $80,000 for singles and $160,000 for couples. The $1,400 promise clearly implied at least that the checks would go out according to the previous formula used under Trump. But now singles making between $80,000-100,000 and couples making between $160,000-200,000 will get nothing. The Washington Post's Jeff Stein reports that roughly 17 million people who previously got checks now will not. The supposed justification here is that moderates want the aid to be more "targeted." In fact this formula is horribly inaccurate, because the income data the IRS uses is from the year before the pandemic (unless people have already filed their taxes — and by the way, if your income decreased in 2020, you should do that immediately). This formula is therefore doubly wrong — there are no doubt millions of people who have lost jobs and should qualify but won't, and a smaller number that have gotten raises and shouldn't qualify but will. And this change will only save a pitiful $12 billion. The survival checks are one of the most popular government programs in American history. Polls have them at something like 4-1 approval. "Moderation," for Senate Democrats, apparently means breaking their party's promises in the service of unpopular, pointless actions that make their president seem less generous than Donald Trump. More stories from theweek.com7 scathingly funny cartoons about Trump's CPAC appearanceAfter 50 years, a long-lost family photo has made its way back where it belongsThe lost art of being reasonable

  • Dr. Fauci has a stunningly simple way to explain how Johnson & Johnson's COVID-19 vaccine differs from Pfizer's and Moderna's shots

    All three of the COVID-19 shots authorized for use in the US train the body to recognize the coronavirus, but J&J's uses a cold virus instead of mRNA.

  • Meghan ignored advice and wore Prince Salman earrings three weeks after Jamal Khashoggi murder

    The Duchess of Sussex wore earrings given to her by Crown Prince Mohammed bin Salman of Saudi Arabia three weeks after the murder of journalist Jamal Khashoggi, against advice from palace aides, The Telegraph understands. The Duchess, 39, had been given the Butani earrings as an official wedding present from the Saudi Royal Family. When she wore them to a formal dinner in Fiji in October 2018, during a royal tour, the media were told that they were “borrowed” but unusually, declined to offer further information or guidance. The dinner took place three weeks after Mr Khashoggi was killed at the Saudi consulate in Istanbul. The Duchess’s lawyers insisted that at the time of the dinner, she was unaware of speculation that the crown prince was involved in the murder of the journalist. However, a royal source claimed that palace staff had advised the Duchess not to wear the jewellery. “Members of Royal Household staff sometimes advise people on their options,” one said. “But what they choose to do with that advice is a very different matter.”