Stock Review for Electronics Investors -- Plug Power, Sanmina, Silicon Motion Technology, and TE Connectivity

NEW YORK, April 18, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on PLUG, SANM, SIMO, and TEL which can be accessed for free by signing up to www.wallstequities.com/registration. WallStEquities.com has initiated research coverage on Plug Power Inc. (NASDAQ: PLUG), Sanmina Corp. (NASDAQ: SANM), Silicon Motion Technology Corp. (NASDAQ: SIMO), and TE Connectivity Ltd (NYSE: TEL). According to a PatSnap report, the Diversified Electronics industry has a total of 393,225 granted patents and 1,090,911 patent applications distributed into 883,412 patent families, as of March 12^th, 2018. Based on the countries of patent applications, the key markets are Japan, USA, and South Korea, the report further noted.  All you have to do is sign up today for this free limited time offer by clicking the link below.

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Plug Power

On Tuesday, shares in Latham, New York headquartered Plug Power Inc. recorded a trading volume of 5.82 million shares, which was higher than their three months average volume of 3.63 million shares. The stock ended the day at $1.96, rising 4.26% from the last trading session. The Company's shares are trading above their 50-day moving average by 4.34%. Furthermore, shares of Plug Power, which engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe, have a Relative Strength Index (RSI) of 58.56.

On April 03^rd, 2018, Plug Power announced the launch of its new GenDrive 2440-36R fuel cell system for Class-2 electric forklifts. This new GenDrive model stores more fuel on-board than earlier models, increasing run-time by 56% and reducing a customer's overall fueling time by more than 30%. The first customer orders for these GenDrive units are scheduled to ship at the beginning of the third quarter of 2018. Get the full research report on PLUG for free by clicking below at: www.wallstequities.com/registration/?symbol=PLUG

Sanmina

San Jose, California headquartered Sanmina Corp.'s stock rose slightly by 0.89%, finishing yesterday's session at $28.45 with a total trading volume of 570,351 shares. The Company's shares have gained 0.53% in the last month. The stock is trading above its 50-day moving average by 5.12%. Additionally, shares of Sanmina, which provides integrated manufacturing solutions, components, products and repair, logistics, and after-market services worldwide, have an RSI of 63.79.

On March 28^th, 2018, Sanmina announced that it will host an Investor and Analyst Day on May 22^nd, 2018, in New York, NY. A webcast of the event will be available under the investor relations section of the Company's website.

On April 13^th, 2018, research firm Citigroup upgraded the Company's stock rating from 'Neutral' to 'Buy'. Get access to our top-rated research, including the free report on SANM at: www.wallstequities.com/registration/?symbol=SANM

Silicon Motion Technology

Shares in Kowloon, Hong Kong-based Silicon Motion Technology Corp. ended the session 1.29% higher at $48.75. The stock recorded a trading volume of 200,729 shares. The Company's shares have gained 4.21% in the last month, 5.77% over the previous three months, and 6.58% over the past year. The stock is trading 4.24% above its 50-day moving average and 2.16% above its 200-day moving average. Moreover, shares of the Company have an RSI of 56.74.  

On April 09^th, 2018, Silicon Motion Technology announced that it will release its Q1 2018 financial results after the market closes on April 26^th, 2018. The Company will host a conference call on April 27^th, 2018 at 8:00 a.m. ET. A webcast of this call will be available on the Company's website. Click here to subscribe for a free membership which welcomes you with our report on SIMO at: www.wallstequities.com/registration/?symbol=SIMO

TE Connectivity

At the closing bell on Tuesday, Schaffhausen, Switzerland-based TE Connectivity Ltd's stock rose 1.23%, finishing at $100.85. A total volume of 2.08 million shares was traded, which was above their three months average volume of 1.77 million shares. The Company's shares have gained 0.74% over the previous three months and 38.59% over the past year. The stock is trading 0.17% and 10.45% above its 50-day and 200-day moving averages, respectively. Additionally, shares of TE Connectivity have an RSI of 53.41. 

On March 27^th, 2018, research firm Oppenheimer initiated an 'Outperform' rating on the Company's stock, with a target price of $120 per share.

On April 11^th, 2018, TE Connectivity announced that it will report its financial results for Q2 FY18 before trading begins on April 25^th, 2018. The Company will hold a conference call for investors at 8:30 a.m. ET that same day. The conference call may be accessed on the Company's website, under the investors section. To get free access to your research report on TEL, sign up at: www.wallstequities.com/registration/?symbol=TEL

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