3 Best Stocks on Trader’s Radar: Energy Recovery (NASDAQ:ERII), Lululemon Athletica (NASDAQ:LULU), Citrix Systems (NASDAQ:CTXS)

3 Best Stocks on Trader’s Radar: Energy Recovery (NASDAQ:ERII), Lululemon Athletica (NASDAQ:LULU), Citrix Systems (NASDAQ:CTXS)

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On Thursday, Energy Recovery, Inc. (NASDAQ:ERII)’s shares inclined 14.96% to $7.76.

Energy Recovery, Inc. (NASDAQ:ERII) offered -48.20% EPS for prior five years. The company has -32.70% return on equity value while its ROI ratio was -26.90%. The company has $352.56 million market capitalizations and the institutional ownership was 18.20%. Its price to book ratio was -6.52. Volatility of the stock was 14.86% for the week while for the month booked as 7.36%.

Energy Recovery, Inc. designs, develops, and manufactures energy recovery devices (ERDs) to transform untapped energy into reusable energy from industrial fluid flows and pressure cycles.

Lululemon Athletica inc. (NASDAQ:LULU)’s shares gained 0.63% to $52.33.

lululemon athletica inc. (LULU) declared planned changes to its organizational structure that further elevate and reinforce the Company’s design and innovation-driven brand focus.

Lee Holman, formerly Senior Vice President, Women’s, has been designated as lululemon’s Executive Vice President, Creative Director, effective right away. In this new role, Mr. Holman will oversee both Men’s and Women’s product design and will report directly to lululemon’s CEO, Laurent Potdevin.

The establishment of a Creative Director position will further unify Men’s and Women’s design under a singular creative vision, strengthening the design ethos of the brand. Mr. Holman joined lululemon in 2014 with 20 years of design and leadership experience, counting senior positions at Nike, where he served as Creative Director of Nike Sportswear and most recently as Vice President of Global Apparel, Innovation and Equipment Design Men’s & Women’s. Preceding to Nike, Lee was Creative Director for high profile brands such as Burberry, and spent several years at Abercrombie & Fitch, Levi Strauss & Co, and Paul Smith. Mr. Holman obtained his MA Fashion Design from Central Saint Martins. Felix del Toro, Senior Vice President & General Manager, Men’s, will continue to oversee the Men’s business and will report to Mr. Holman.

lululemon athletica inc., together with its auxiliaries, designs, manufactures, and distributes athletic apparel and accessories for women, men, and female youth. It operates through two segments, Corporate-Owned Stores and Direct To Consumer.

At the end of Thursday’s trade, Citrix Systems, Inc. (NASDAQ:CTXS)‘s shares surged 12.04% to $80.58.

Citrix (CTXS) declared that Robert Calderoni, Citrix’s Executive Chairman, has been unanimously designated interim president and CEO, effective right away. Mr. Calderoni will continue serving as Executive Chairman on the Citrix Board of Directors. Mark Templeton, current president and CEO, will serve in an advisory role through the end of the year.

 

The Board’s formerly declared CEO search process remains underway, led by a search committee comprising of Mr. Calderoni (committee chair), Godfrey R. Sullivan and Jesse A. Cohn, with the assistance of executive search firm, Heidrick & Struggles.

Mr. Calderoni said, “The Citrix team has a deep bench of talented employees, and I look forward to working together, alongside the Board and leadership team, as we execute on our strategy to securely deliver the world’s most important apps. In addition to our CEO search, I will be focused on ongoing the momentum we have in our operational and planned review of the business. Citrix remains well positioned to build on its positive momentum, as evidenced by the strong financial results declared recently.”

Citrix Systems, Inc. provides virtualization, mobility administration, networking, and Software as a Service solutions worldwide. The company’s Enterprise and Service Provider division offers XenMobile Enterprise, a solution to manage mobile devices, apps, and data; XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services.

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