Semiconductors Equities Coverage -- Research on Applied Micro Circuits, ON Semiconductor, Entropic Communications, and Cree

LONDON, June 16, 2014 /PRNewswire/ --

The US markets on Friday, June 13, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 16,775.74, up 0.25% and the NASDAQ Composite closed at 4,310.65, up 0.30%. The S&P 500 finished the session 0.31% higher at 1,936.16. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 625.26, up 0.65%, with the index advancing 7.03% in the previous three months. Investor-Edge has initiated coverage on the following equities: Applied Micro Circuits Corp. (NASDAQ: AMCC), ON Semiconductor Corp. (NASDAQ: ONNN), Entropic Communications Inc. (NASDAQ: ENTR) and Cree Inc. (NASDAQ: CREE). Free technical research on AMCC, ONNN, ENTR and CREE can be downloaded upon signing up at:

http://www.investor-edge.com/3809-register

On Friday, shares in Applied Micro Circuits Corp. fluctuated between $10.88 and $11.29 before ending the session 2.39% higher at $11.12. The stock reported a trading volume of 1.37 million shares, above its three months average volume of 1.23 million shares. Applied Micro Circuits Corp.'s shares have fallen by 2.71% in the previous three trading sessions and 16.83% on YTD basis, but the stock has surged 30.06% in the last one month. The stock is trading above its 50-day moving average of $9.50, while the 50-day moving average is below its 200-day moving average of $11.13. Moreover, shares of Applied Micro Circuits Corp. have a Relative Strength Index (RSI) of 66.01. Sign up today to read free research on AMCC at:

http://www.investor-edge.com/3809-AMCC-16Jun2014.pdf

Shares in ON Semiconductor Corp. advanced 1.90% to close the day at $9.14. The stock recorded a trading volume of 6.58 million shares, below its three months average volume of 7.56 million shares. The company shares oscillated between $8.97 and $9.16 during the session. Over the last three trading sessions and over the past one month, ON Semiconductor Corp.'s shares have gained 0.88% and 8.42%, respectively. Further, the stock has advanced 10.92% since the start of this year. The stock is trading above its 50-day and 200-day moving averages of $9.10 and $8.30, respectively. Additionally, ON Semiconductor Corp.'s stock traded at a PE ratio of 18.22 and has an RSI of 60.62. Sign up today to read free research on ONNN at:

http://www.investor-edge.com/3809-ONNN-16Jun2014.pdf

On Friday, shares in Entropic Communications Inc. recorded a trading volume of 0.66 million shares, higher than its three months average volume of 0.60 million shares. The stock ended the day at $3.38, which was 0.90% above its previous day's closing of $3.35, and registered an intraday range of $3.31 and $3.42. Although Entropic Communications Inc.'s stock has lost 0.59% in the previous three trading sessions and 28.09% on YTD basis, it has advanced 8.68% in the last one month. The company's shares are trading below their 50-day and 200-day moving averages. Moreover, the stock's 200-day moving average of $4.19 is greater than its 50-day moving average of $3.52. Furthermore, shares of Entropic Communications Inc. have an RSI of 51.48. Sign up today to read free research on ENTR at:

http://www.investor-edge.com/3809-ENTR-16Jun2014.pdf

Cree Inc.'s stock finished the Friday's session 5.01% higher at $49.66. A total of 3.72 million shares were traded, which was above its three months average volume of 2.26 million shares. The stock vacillated between $47.22 and $49.73 during the session. Over the previous three trading sessions and over the last one month, Cree Inc.'s shares have surged 5.44% and 9.36%, respectively. However, from the beginning of 2014, the company's stock has lost 20.57%. The stock is trading above its 50-day moving average. Cree Inc.'s 200-day moving average of $58.03 is above its 50-day moving average of $49.52. The company's stock traded at a PE ratio of 48.92 and has an RSI of 59.85. Sign up today to read free research on CREE at:

http://www.investor-edge.com/3809-CREE-16Jun2014.pdf

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EDITOR'S NOTES:
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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 produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. 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.

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