Morning Technical Insight on These Semiconductor Stocks -- NVIDIA, First Solar, Himax Technologies, and Sunrun
NEW YORK, Nov. 27, 2017 /PRNewswire/ --
In keeping with the commitment to dynamically provide members with timely information WallStEquities.com has issued free tailored Stock Review on NVDA, FSLR, HIMX, and RUN which is a click away at www.wallstequities.com/registration. This morning, WallStEquities.com shifts focus on the highly cyclical Semiconductor industry, which faces constant booms and busts in demand for products. Four equities in the Specialized Semiconductor category have been lined up for review, and they are: NVIDIA Corp. (NASDAQ: NVDA), First Solar Inc. (NASDAQ: FSLR), Himax Technologies Inc. (NASDAQ: HIMX), and Sunrun Inc. (NASDAQ: RUN). In its free research reports, Wall St. Equities offers timely insights on these equities at: www.wallstequities.com/registration
NVIDIA
Shares in California headquartered NVIDIA Corp. ended Friday's session 0.94% higher at $216.96 with a total trading volume of 4.52 million shares. The stock has advanced 12.03% in the last month, 32.45% over the previous three months, and 103.26% on an YTD basis. The Company's shares are trading 11.15% above their 50-day moving average and 45.20% above their 200-day moving average. Moreover, shares of NVIDIA, which operates as a visual computing company worldwide, have a Relative Strength Index (RSI) of 67.99.
On November 15th, 2017, NVIDIA announced that it will present at the Credit Suisse 21st Annual Technology, Media & Telecom on November 29th, 2017, at 1:30 p.m. PT at The Phoenician in Scottsdale, Arizona. The Company will also present at the 16th Annual JP Morgan CES Tech Forum on January 09th, 2017, at 7:45 a.m. PT at Bellagio in Las Vegas, Nevada.
On November 17th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $240 a share to $250 a share. Today's daily Complimentary report on NVDA is accessible at: www.wallstequities.com/registration/?symbol=NVDA
First Solar
Arizona headquartered First Solar Inc.'s shares gained 0.17%, closing the day at $60.61. A total volume of 466,784 shares was traded. The stock has surged 27.90% in the last month, 27.82% in the previous three months, and 88.88% on an YTD basis. The Company's shares are trading 15.59% and 46.44% above their 50-day and 200-day moving averages, respectively. Additionally, shares of First Solar, which provides solar energy solutions in the US and internationally, have an RSI of 63.11.
On October 27th, 2017, research firm Needham upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $60 per share.
On November 01st, 2017, First Solar has confirmed that PlantPredict™, the Company's utility-scale solar photovoltaic (PV) energy prediction software, has been used to generate the reference energy predictions in the sale of three, utility-scale projects totaling more than 350MWac. The transactions demonstrate that the cloud-based modeling tool has gained acceptance by lenders and asset owners as a bankable primary resource in analyzing and predicting performance of utility-scale PV solar projects. To experience our free membership services anytime/ anywhere and access the free report on FSLR, click to register at: www.wallstequities.com/registration/?symbol=FSLR
Himax Technologies
Last Friday, shares in Taiwan headquartered Himax Technologies Inc. gained 0.23%, closing the session at $13.06. The stock recorded a trading volume of 4.44 million shares. The Company's shares have surged 34.92% in the last one month, 50.81% over the previous three months, and 116.23% on an YTD basis. The stock is trading 24.90% above its 50-day moving average and 51.23% above its 200-day moving average. Furthermore, shares of Himax Technologies, which provides display imaging processing technologies to consumer electronics worldwide, have an RSI of 72.80.
On November 13th, 2017, Himax Technologies announced that it will attend Credit Suisse's 21st Annual Technology, Media & Telecom Conference from November 27th, 2017, to November 30th, 2017, at The Phoenician in Scottsdale, Arizona. The Company management will host one-on-one meetings with interested investors during the conference dates. Join our big investor community at Wall St. Equities today and start so with your free report on HIMX at: www.wallstequities.com/registration/?symbol=HIMX
Sunrun
California headquartered Sunrun Inc.'s stock finished the session 0.17% higher at $5.93 with a total trading volume of 330,516 shares. The Company's shares have advanced 9.41% in the last month and 11.68% on YTD basis. The stock is trading above its 50-day and 200-day moving averages by 3.21% and 0.41%, respectively. Additionally, shares of Sunrun have an RSI of 52.59.
On November 20th, 2017, Sunrun and Empowered by Light, in partnership with Aireko Energy Group, announced an expansion of their collaboration to bring solar power to critical fire stations in hurricane-ravaged Puerto Rico as part of a continuing effort to provide emergency relief to residents on the island. The initiative will equip a total of eight fire stations on the island with solar power and battery storage, which will power critical emergency systems 24 hours a day, seven days a week. Know more about RUN in our free research coverage at: www.wallstequities.com/registration/?symbol=RUN
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