Top Services Companies To Buy For 2016

Top Services Companies To Buy For 2016: SAIC Inc(SAI)

SAIC, Inc. scientific, engineering, systems integration, and technical services and solutions to various branches of the U.S. military, agencies of the U.S. Department of Defense, the intelligence community, the U.S. Department of Homeland Security and the other U.S. government civil agencies, state and local government agencies, foreign governments, and customers in select commercial markets. Its Government segment provides a range of technical services and solutions in the areas of systems engineering and integration, software development, cyber security, data processing and analysis, secure information sharing and collaboration, IT outsourcing, communication systems and infrastructure, command and control, logistics, research and development, environmental consulting, energy and utilities, design and construction, securing critical infrastructure, disaster preparedness and recovery, homeland security product, geospatial solutions, and modeling and simulation. The compan y?s Commercial segment provides consulting, systems integration, and managed IT services, as well as customizable IT software solutions to oil and gas customers; and enterprise information technology optimization, business intelligence, enterprise resource planning maintenance, and staff augmentation services to select commercial customers, and state and local government customers. In addition, it offers business, engineering, energy, and infrastructure consulting services; language translation, interpretation, and training services; architectural design services; and information systems and communications, and rapid prototyping of technical solutions and products focused on support to intelligence and special warfare operations. SAIC, Inc. was formerly known as Science Applications, Inc. The company was founded in 1969 and is headquartered in McLean, Virginia.

Advisors' Opinion:

• [By John Udovich]

  Last week, it was reported that S&am! p;P MidCap 400 constituents Vertex Pharmaceuticals (NASD: VRTX) and Ametek Inc (NYSE: AME) would be replacing Advanced Micro Devices (NYSE: AMD) and SAIC Inc (NYSE: SAI) in the S&P 500, and Advanced Micro Devices and SAIC will replace Vertex Pharmaceuticals and Ametek in the S&P Mid Cap 400. I should mention that both Advanced Micro Devices and SAIC Inc arein ourSmallCap Network Elite Opportunity (SCN EO) portfolio and as of today, we are down 1.29% and up 19.77%, respectively, in both stocks. In the case ofAdvanced Micro Devices, we feel the companys transition into mobility and gaming consoles makes it a compelling value while defense contractor SAIC Inc is interesting as its well positioned to addresscyber security issues. Moreover, SAIC Inc is splitting into 2 companies in a transaction thats expected to be completed before the end of the month.

• [By Rich Smith]

  By far the largest contract of the day was a massive $5.3 billion indefinite-delivery/indefinite-quantity, multiple-award contract issued to a mind-boggling 914 separate recipients simultaneously. Winners included everyone from subsidiaries of brand-name defense contractors such as AAR Corp (NYSE: AIR  ) and SAIC (NYSE: SAI  ) to lesser-known, federally defined small businesses such as "Wakelight Technologies" of Honolulu and "Electromagnetic Compatibility Management Concepts" of Sterling, Va.

• [By Dan Caplinger]

  Next Monday, SAIC (NYSE: SAI  ) will release its latest quarterly results. Even though the stock has soared to two-year highs recently, investors appear nervous about the company's earnings prospects going forward.

• [By Rich Smith]

  The U.S. Department of Defense awarded multiple contractors shares in some 17 contracts Tuesday, valued at up to $1.3 billion in combined dollar value. Most of the funds awarded went to a series of 13 contractors working on a single cyber-defense project -- but there were a few other winners! . Among t! hem:

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-services-companies-to-buy-for-2016.html