Morning Research Covering Information Technology Sector: Flextronics Intl., Canadian Solar, Linear Technology, and Analog Devices

LONDON, December 17, 2013 /PRNewswire/ --

On Monday, December 16, 2013, the U.S. equity market started the week on a positive note. The S&P 500 ended the day at 1,786.54, up 0.63%; the Dow Jones Industrial Average closed at 15,884.57, up 0.82%; and the NASDAQ Composite Index finished at 4,029.52, up 0.71%. The S&P 500 Information Technology Sector Index gained 0.97% to close the session at 561.77; and the S&P 500 Semiconductors and Semiconductor Equipment Industry Group Index gained 1.00% to finish at 404.14. The S&P 500 Semiconductors and Semiconductor Equipment Industry Group Index has advanced 0.26% in the previous one month and 5.28% in the last three months, outperforming the S&P 500, which has lost 0.65% and has gained 5.24% during the respective periods. Additionally, the S&P 500 Electronic Equipment and Instruments Sub Industry Index closed the session 0.84% lower at 149.31. The major movers in the information technology sector included Flextronics International Ltd (NASDAQ: FLEX), Canadian Solar Inc. (NASDAQ: CSIQ), Linear Technology Corp. (NASDAQ: LLTC), and Analog Devices Inc. (NASDAQ: ADI). AAAResearchReports.com initiated preliminary technical research on FLEX, CSIQ, LLTC, and ADI. These free reports are accessible by signing today at:

http://www.aaaresearchreports.com/register/  

Flextronics International Ltd's stock surged 3.01% on Monday, tracking gains in the US equity market. The company's shares ended the day at $7.37, after oscillating between $7.18 and $7.44 during the trading session. A total of 6.59 million shares were traded, which is above the daily average volume 4.88 million. The company's shares have advanced 3.30% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.24% during the same period. However, Flextronics International Ltd's stock is trading below its 50-day and 200-day moving averages of $8.09 and $7.91, respectively. The free technical analysis on FLEX is available by signing up at:

http://www.AAAResearchReports.com/FLEX121713.pdf

Canadian Solar Inc.'s stock rallied 5.20% on Monday, closing the day's session at $29.13, after vacillating between $27.57 and $29.26 during the trading session. A total of 3.13 million shares were traded, which is below the daily average volume of 3.90 million. The company's shares have gained 8.82% in the previous three trading sessions and 105.43% in the last three months, outperforming the S&P 500, which has gained 0.24% and 5.24% during the respective periods. Moreover, Canadian Solar Inc.'s stock is trading above its 50-day and 200-day moving averages of $26.16 and $13.63, respectively. Register now to download free research on CSIQ at:

http://www.AAAResearchReports.com/CSIQ121713.pdf

Linear Technology Corp.'s stock finished the day at $43.95, up 1.38% from the previous day's closing price of $43.35. On Monday, the company's shares fluctuated between $43.59 and $43.99 during the trading session. A total of 1.33 million shares were traded, which is below the daily average volume of 1.96 million. The company's shares have advanced 8.98% in the previous three months and 4.12% in the last one month, outperforming the S&P 500, which has gained 5.24% and has lost 0.65% during the respective periods. Furthermore, Linear Technology Corp.'s stock is trading near its 52-week high of $44.26 and also above its 50-day and 200-day moving averages of $41.13 and $38.87, respectively. A free report on LLTC can be accessed by registering at:

http://www.AAAResearchReports.com/LLTC121713.pdf  

Shares in Analog Devices Inc. gained 0.68% on Monday, finishing the day's session at $48.74, after vacillating between $48.39 and $48.84 during the trading session. A total of 1.52 million shares were traded, which is below the daily average volume of 1.98 million. The company's shares have advanced 0.14% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.24% during the same period. However, Analog Devices Inc.'s stock is trading above its 50-day and 200-day moving averages of $48.52 and $46.89, respectively. Register with AAA Research Reports and download research on ADI for free at:

http://www.AAAResearchReports.com/ADI121713.pdf

----

EDITOR NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE

Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

NO WARRANTY OR LIABILITY ASSUMED

Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

AAAresearchreports.com

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED