Morning Coverage of Equities Reaching New Highs -- Research on Micron Technology, Host Hotels & Resorts, Meritor, and Travelers Cos

LONDON, May 13, 2014 /PRNewswire/ --

The markets on Monday, May 12, 2014 ended on a higher note as the Dow Jones Industrial Average finished the day at 16,695.47, up 0.68%, and the NASDAQ Composite closed at 4,143.86, up 1.77%. The S&P 500 finished the session 0.97% higher at 1,896.65. The gains were broad based as eight out of ten sectors ended the session in positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include Micron Technology Inc. (NASDAQ: MU), Host Hotels & Resorts Inc. (NYSE: HST), Meritor Inc. (NYSE: MTOR) and The Travelers Cos Inc. (NYSE: TRV). Free technical research on MU, HST, MTOR and TRV can be downloaded upon signing up at:

http://www.investor-edge.com/2442-register

Micron Technology Inc.'s stock ended the day at $27.51 on Monday, up 2.50%, after hitting a new 52-week high of $27.54. A total of 22.36 million shares were traded, which was below its three months average volume of 30.85 million shares. The stock moved between $26.94 and $27.54 during the session. Over the last one month and past three months, Micron Technology Inc.'s shares have rallied 30.19% and 10.53%, respectively. Moreover, since the beginning of the year, the stock has gained an upside of 26.48%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $24.28 is greater than its 200-day moving average of $20.39. Micron Technology Inc.'s stock traded at a PE ratio of 14.48 and has a Relative Strength Index (RSI) of 63.72. Sign up today to read free research on MU at:

http://www.investor-edge.com/2442-MU-13May2014.pdf

On Monday, Host Hotels & Resorts Inc.'s stock oscillated between $21.55 and $21.75, hitting a new 52-week high of $21.75. The company's stock closed the day 1.31% higher at $21.71. The company's stock reported a trading volume of 3.77 million shares, much below its three months average volume of 6.47 million shares. Host Hotels & Resorts Inc.'s shares have advanced 8.28% in the last one month, 15.85% in the previous three months and 11.68% on YTD basis. The S&P 500 Financials Sector Index mapped a gain of 1.04% during the session, and the index has advanced 3.94% in the last one month. Host Hotels & Resorts Inc.'s stock is trading above its 50-day and 200-day moving averages of $20.54 and $18.90, respectively. Further, shares of the company traded at a PE ratio of 43.95 and have a RSI of 62.77. Sign up today to read free research on HST at:

http://www.investor-edge.com/2442-HST-13May2014.pdf

Meritor Inc.'s stock gained 4.90% on Monday, finishing the day at $14.13, after hitting a new 52-week high of $14.26. The stock recorded a trading volume of 2.31 million shares, above its three months average volume of 1.31 million shares. The stock fluctuated between $13.60 and $14.26 during the trading session. Over the last one month and previous three months, Meritor Inc.'s shares have surged 26.50% and 23.51%, respectively. Also, the stock has gained 35.47% since the start of this year. The S&P 500 Industrials Sector Index mapped a gain of 1.48% during the session, and the index has advanced 5.57% in the last one month. The stock is trading above its 50-day and 200-day moving averages. Additionally, Meritor Inc.'s 50-day moving average of $12.15 is above its 200-day moving average of $9.49. Furthermore, the stock traded at a PE ratio of 16.63 and has an RSI of 62.64. Sign up today to read free research on MTOR at:

http://www.investor-edge.com/2442-MTOR-13May2014.pdf

On Monday, shares in The Travelers Cos Inc. closed the day at $92.04, up 0.81%, hitting a new 52-week high of $92.93. The stock recorded a trading volume of 2.07 million shares, below its three month average volume of 2.47 million shares. The Travelers Cos Inc.'s shares have gained 7.90% in the last one month, 11.89% in the previous three months and 1.66% on YTD basis. The S&P 500 Financials Sector Index finished the session up 1.04%, and the index has advanced 2.92% in the previous three months. The Travelers Cos Inc.'s stock is trading above its 50-day and 200-day moving averages of $85.94 and $85.31, respectively. Furthermore, shares of the company traded at a PE ratio of 9.10 and have an RSI of 71.97. Sign up today to read free research on TRV at:

http://www.investor-edge.com/2442-TRV-13May2014.pdf


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EDITOR'S NOTES:
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