Technical Reports on Semiconductor Equities -- Advanced Micro Devices, Broadcom, Cavium, and Cypress Semiconductor
NEW YORK, Nov. 8, 2017 /PRNewswire/ --If you want a Stock Review on AMD, AVGO, CAVM, or CY then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. The Semiconductor segment of the market is quite diverse, with companies organized into five main industries: broad line, integrated circuits, specialized, equipment and materials, and memory chips. Pre-market today, DailyStockTracker.com concentrates on the performance of four equities in the Broad Line category: Advanced Micro Devices Inc. (NASDAQ: AMD), Broadcom Ltd (NASDAQ: AVGO), Cavium Inc. (NASDAQ: CAVM), and Cypress Semiconductor Corp. (NASDAQ: CY). Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:
http://dailystocktracker.com/register/
Advanced Micro Devices
On Tuesday, shares in Sunnyvale, California headquartered Advanced Micro Devices Inc. rose 1.01%, ending the day at $12.05. The stock recorded a trading volume of 67.71 million shares, which was above its three months average volume of 58.15 million shares. The Company's shares have advanced 6.26% since the start of this year. The stock is trading below its 200-day moving average by 6.08%. Moreover, shares of the Company have a Relative Strength Index (RSI) of 45.29.
On October 30th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On November 01st, 2017, Advanced Micro Devices announced that it has appointed Mark Durcan, 56, to its Board of Directors. Mr. Durcan serves as an advisor to Micron Technology, and was previously CEO from 2012 until his retirement in May 2017. Throughout his 32-year tenure at Micron, he held multiple senior leadership positions, including President and COO, Chief Technical Officer, and Vice President of R&D. AMD complete research report is just a click away at:
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Broadcom
Shares in Singapore headquartered Broadcom Ltd ended the day 2.23% lower at $271.32. A total volume of 3.68 million shares was traded, which as above their three months average volume of 2.90 million shares. In the last month and the previous three months, the stock has gained 10.10% and 8.89%, respectively. Additionally, the Company's shares have advanced 53.49% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.52% and 15.64%, respectively. Furthermore, shares of Broadcom have an RSI of 67.20.
On November 02nd, 2017, research firm B. Riley FBR, Inc. reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $305 a share to $315 a share.
On November 06th, 2017, Broadcom announced a proposal to acquire all of the outstanding shares of Qualcomm Incorporated for per share consideration of $70.00 in cash and stock. Under Broadcom's proposal, the $70.00 per share to be received by Qualcomm's stockholders would consist of $60.00 in cash and $10.00 per share in Broadcom's shares. The complimentary report on AVGO can be downloaded at:
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Cavium
At the close of trading on Tuesday, shares in San Jose, California headquartered Cavium Inc. finished 0.25% lower at $76.24. A total volume of 1.09 million shares was traded, which was above their three months average volume of 838,550 shares. The stock has advanced 10.72% in the last one month, 27.98% over the previous three months, and 22.10% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 14.30% and 13.38%, respectively. Additionally, shares of Cavium have an RSI of 70.35.
On November 01st, 2017, Cavium announced financial results for Q3 ended September 30th, 2017. Net revenue in Q3 2017 was $252.0 million; net loss was $6.2 million; gross margin was 54.6%; and GAAP income from operations was 0.19%. Total cash and cash equivalents were $152.7 million at September 30th, 2017. Sign up for your complimentary research report on CAVM at:
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Cypress Semiconductor
San Jose, California headquartered Cypress Semiconductor Corp.'s shares recorded a trading volume of 7.46 million shares at the end of yesterday's session, which was above their three months average volume of 5.19 million shares. The stock closed the day 1.09% higher at $16.69. The Company's shares have advanced 7.47% in the past month, 21.56% in the previous three months, and 45.89% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 11.49% and 19.99%, respectively. Additionally, shares of Cypress Semiconductor have an RSI of 69.26.
On October 26th, 2017, Cypress Semiconductor (CY) announced that DENSO Corporation has selected its 6-Channel Automotive PMIC and FL-S Serial NOR Flash memory solution to enable the latest stereo vision sensor for Advanced Driver Assistance Systems. The DENSO stereo vision sensor uses image processing techniques to detect obstacles of different shapes and lane lines as well as empty spaces on the road. CY's highly-integrated, 6-Channel automotive PMIC regulates power for the entire sensor, and the FL-S NOR Flash memory enables fast program execution for high-performance systems. Get free access to your research report on CY at:
http://dailystocktracker.com/registration/?symbol=CY
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