This Morning's Research Reports on Semiconductor Stocks -- Ultra Clean, SunPower, JinkoSolar, and Life Storage
NEW YORK, Dec. 20, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on UCTT, SPWR, JKS, and LSI which is a click away at www.wallstequities.com/registration. Zacks reported that this year is expected to be robust for the Semiconductor industry, not just because of surging demand in some new and existing end markets, but also because of supply constraints in key product categories that have led to very strong pricing. So as 2017 draws to a close, WallStEquities.com revisits the Semiconductor Specialized space to find out how some stocks have fared over the previous trading sessions: Ultra Clean Holdings Inc. (NASDAQ: UCTT), SunPower Corp. (NASDAQ: SPWR), JinkoSolar Holding Co. Ltd (NYSE: JKS), and Life Storage Inc. (NYSE: LSI). Wall St. Equities' downloadable free reports on these stocks are available at:
www.wallstequities.com/registration
Ultra Clean Holdings
Hayward, California headquartered Ultra Clean Holdings Inc.'s stock finished Tuesday's session 0.54% higher at $22.40 with a total trading volume of 546,970 shares. The Company's shares have surged 130.93% since the start of this year. The stock is trading 0.05% below its 200-day moving average. Additionally, shares of Ultra Clean, which designs, develops, prototypes, engineers, manufactures, and tests production tools, modules, and subsystems for the semiconductor capital equipment and equipment industry segments primarily in North America, Asia, and Europe, have a Relative Strength Index (RSI) of 43.59.
On December 04th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $27 per share. The free report on UCTT can be accessed at:
www.wallstequities.com/registration/?symbol=UCTT
SunPower
On Tuesday, shares in San Jose, California headquartered SunPower Corp. recorded a trading volume of 2.91 million shares. The stock ended the session 3.40% lower at $9.10. The Company's shares have advanced 14.32% in the last one month, 15.78% in the previous three months, and 37.67% on an YTD basis. The stock is trading 16.20% above its 50-day moving average and 13.16% above its 200-day moving average. Moreover, shares of SunPower, which researches, develops, manufactures, and delivers solar solutions worldwide, have an RSI of 60.44.
On December 11th, 2017, research firm Robert W. Baird upgraded the Company's stock rating from 'Neutral' to 'Outperform' while revising its previous target price from $7 a share to $10 a share.
On December 18th, 2017, SunPower, in partnership with leading architect Dan Brunn, announced the installation of a 10-kilowatt solar power system for the Los Angeles-based and award-winning architect's personal residence - Bridge House. When completed in 2018, the 4,500-square-foot home will serve as a demonstration of innovative and clean building processes. The green home will educate builders and the public about futuristic, custom homebuilding practices. Download our actionable research report on SPWR at:
www.wallstequities.com/registration/?symbol=SPWR
JinkoSolar Holding
Shangrao, China-based JinkoSolar Holding Co. Ltd's shares closed the day 2.89% lower at $23.88. The stock recorded a trading volume of 434,590 shares. The Company's shares have surged 56.80% on an YTD basis. The stock is trading 6.74% above its 200-day moving average. Additionally, shares of JinkoSolar, which together with its subsidiaries, engages in the design, development, production, and marketing of photovoltaic products in China and internationally, have an RSI of 44.69.
On November 22nd, 2017, JinkoSolar announced that it has been awarded the Cradle-to-Cradle ("C2C") certificate by SGS, the world's leading testing, inspection, verification, and certification organization. This is the first time that a C2C certificate has been issued in China. The issuance of the C2C certification demonstrates the Company's commitment to high environmental, health, and safety standards in its products and manufacturing processes as well as the promotion of environmental and sustainable best practices within the Solar industry. Register for your free report coverage on JKS at:
www.wallstequities.com/registration/?symbol=JKS
Life Storage
Shares in Buffalo, New York headquartered Life Storage Inc. finished 2.49% lower at $88.24. The stock recorded a trading volume of 458,749 shares. The Company's shares have advanced 8.26% in the previous three months and 3.50% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.25% and 10.56%, respectively. Furthermore, shares of Life Storage, which invests in the real estate markets of US, have an RSI of 46.12.
On November 28th, 2017, Life Storage announced that its operating partnership, Life Storage L.P., priced an offering of $450 million aggregate principal amount of 3.875% Senior Unsecured Notes due 2027. The Notes will be issued at 99.523% of par value with a coupon of 3.875%. Interest on the Notes is payable semi-annually on June 15th and December 15th of each year, commencing on June 15th, 2018. The Notes will mature on December 15th, 2027.
On December 15th, 2017, research firm UBS downgraded the Company's stock rating from 'Neutral' to 'Sell', with a target price of $75 per share. Get the free research report on LSI at:
www.wallstequities.com/registration/?symbol=LSI
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