NEW YORK, June 13, 2017 /PRNewswire/ --
The Semiconductor industry is known for being in a constant
state of flux, given the steady advances in its technology, with
its companies churning up and down more actively than the broader
market with some very high betas. For today, DailyStockTracker.com
monitors four Semiconductor Broad Line stocks, namely: Broadcom Ltd
(NASDAQ: AVGO), Integrated Device Technology Inc. (NASDAQ: IDTI),
Maxim Integrated Products Inc. (NASDAQ: MXIM), and Qorvo Inc.
(NASDAQ: QRVO). These free stocks reports are currently available
on DailyStockTracker.com. Simply sign up for your complimentary
member access at: http://dailystocktracker.com/register/
Broadcom
Broadcom Ltd's stock finished Monday's session 0.28% lower at
$242.67. A total volume of 5.49
million shares was traded, which was above their three months
average volume of 2.55 million shares. Over the last month and the
previous three months, the Company's shares have advanced 5.01% and
7.16%, respectively. Additionally, the stock has gained 37.28%
since the start of this year. Shares of the Company are trading
above their 50-day and 200-day moving averages by 5.95% and 23.45%,
respectively. Moreover, shares of Broadcom, which designs,
develops, and supplies a range of complex digital and mixed signal
complementary metal oxide semiconductor based devices and analog
III-V based products worldwide, have a Relative Strength Index
(RSI) of 54.54.
On June 01st, 2017,
Broadcom reported financial results for Q2 FY17 ended April 30th, 2017. Net revenue for the
quarter was $4,190 million; gross
margin was $1,976 million; operating
expenses were $1,502 million; and
operating income was $474 million.
The Company's cash balance at the end of Q2 FY17 was $4,254 million compared to $3,536 million at the end of the prior quarter.
Your complete research report on AVGO can be retrieved for free at:
http://dailystocktracker.com/registration/?symbol=AVGO
Integrated Device Technology
Shares in Integrated Device Technology Inc. declined 0.92%,
ending yesterday's session at $24.80
with a total trading volume of 1.58 million shares. The stock has
gained 4.73% in the past month, 2.31% in the previous three months,
and 5.26% on an YTD basis. The Company's shares are trading 2.93%
above their 50-day moving average and 5.60% above their 200-day
moving average. Moreover, shares of Integrated Device Technology,
which designs, develops, manufactures, and markets a range of
semiconductor solutions for the communications, computing,
consumer, automotive, industrial, and Internet-of-things
end-markets, have an RSI of 51.07.
On June 06th, 2017,
Integrated Device Technology announced that it will showcase
advanced sensing and wireless power products at the
Automotive Engineering Exposition 2017 in Nagoya, Japan. The event will take place from
June 28th, 2017 to
June 30th, 2017 at the
Nagoya International Exhibition Hall. Product experts will be
available at booth #109 to demonstrate and discuss the advantages
of the Company's solutions in automotive applications. A free
report on IDTI is just a click away at:
http://dailystocktracker.com/registration/?symbol=IDTI
Maxim Integrated Products
On Monday, Maxim Integrated Products Inc.'s stock saw a slight
drop of 0.76%, to close the day at $46.72. A total volume of 3.79 million shares was
traded, which was above their three months average volume of 2.07
million shares. The Company's shares have advanced 2.19% in the
last one month, 2.05% in the previous three months, and 21.13% on
an YTD basis. The stock is trading 1.79% and 10.41% above its
50-day and 200-day moving averages, respectively. Additionally,
shares of Maxim Integrated Products, which designs, develops,
manufactures, and markets various linear and mixed-signal
integrated circuits internationally, have an RSI of 47.50.
On June 08th, 2017, the
Company announced the offering and pricing of $500.0 million of its 3.450% Senior Notes due
2027. The Company intends to use the net proceeds from this
offering for general corporate purposes. Merrill Lynch, Pierce,
Fenner & Smith Inc. is sole active book-running manager for the
offering, which is expected to close on June
15th, 2017. Sign up for your complimentary
research report on MXIM at:
http://dailystocktracker.com/registration/?symbol=MXIM
Qorvo
Shares in Qorvo Inc. ended the day 0.85% lower at $74.63. A total volume of 2.17 million shares was
traded, which was above their three months average volume of 1.68
million shares. The stock has gained 11.35% in the last one month,
10.27% in the previous three months, and 41.53% since the start of
this year. The Company's shares are trading above their 50-day and
200-day moving averages by 3.71% and 20.57%, respectively.
Furthermore, shares of Qorvo, which provides radio frequency
solutions and technologies for mobile device, infrastructure, and
defense and aerospace applications worldwide, have an RSI of
48.63.
On June 06th, 2017,
Qorvo introduced the smallest Bulk Acoustic Wave filter available
that can handle 5W of RF average input power, with peaks up to 40W.
The new filter solves reliability, assembly, test, and space
constraint challenges involved in designing massive MIMO telecom
infrastructure for 5G migration. Register for free on
DailyStockTracker.com and download the latest research report on
QRVO at: http://dailystocktracker.com/registration/?symbol=QRVO
--
Daily Stock Tracker:
Daily Stock Tracker (DST) produces regular sponsored and
non-sponsored reports, articles, stock market blogs, and popular
investment newsletters covering equities listed on NYSE and NASDAQ
and micro-cap stocks. DST has two distinct and independent
departments. One department produces non-sponsored analyst
certified content generally in the form of press releases, articles
and reports covering equities listed on NYSE and NASDAQ and the
other produces sponsored content (in most cases not reviewed by a
registered analyst), which typically consists of compensated
investment newsletters, articles and reports covering listed stocks
and micro-caps. Such sponsored content is outside the scope of
procedures detailed below.
DST has not been compensated; directly or indirectly; for
producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by
a writer (the "Author") and is fact checked and reviewed by a third
party research service company (the "Reviewer") represented by a
credentialed financial analyst [for further information on analyst
credentials, please email contact@dailystocktracker.com.
Rohit Tuli, a CFA® charterholder
(the "Sponsor"), provides necessary guidance in preparing the
document templates. The Reviewer has reviewed and revised the
content, as necessary, based on publicly available information
which is believed to be reliable. Content is researched, written
and reviewed on a reasonable-effort basis. The Reviewer has not
performed any independent investigations or forensic audits to
validate the information herein. The Reviewer has only
independently reviewed the information provided by the Author
according to the procedures outlined by DST. DST is not entitled to
veto or interfere in the application of such procedures by the
third-party research service company to the articles, documents or
reports, as the case may be. Unless otherwise noted, any content
outside of this document has no association with the Author or the
Reviewer in any way.
NO WARRANTY
DST, the Author, and the Reviewer are not responsible for any
error which may be occasioned at the time of printing of this
document or any error, mistake or shortcoming. No liability is
accepted whatsoever for any direct, indirect or consequential loss
arising from the use of this document. DST, the Author, and the
Reviewer expressly disclaim any fiduciary responsibility or
liability for any consequences, financial or otherwise arising from
any reliance placed on the information in this document.
Additionally, DST, the Author, and the Reviewer do not (1)
guarantee the accuracy, timeliness, completeness or correct
sequencing of the information, or (2) warrant any results from use
of the information. The included information is subject to change
without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or
a solicitation of an offer to buy or sell the securities mentioned
or discussed, and is to be used for informational purposes only.
Please read all associated disclosures and disclaimers in full
before investing. Neither DST nor any party affiliated with us is a
registered investment adviser or broker-dealer with any agency or
in any jurisdiction whatsoever. To download our report(s), read our
disclosures, or for more information, visit
http://dailystocktracker.com/disclaimer/
CONTACT
For any questions, inquiries, or comments reach out to us directly.
If you're a company we are
covering and wish to no longer feature on our coverage list contact
us via email and/or phone between 09:30 EDT
to 16:00 EDT from Monday to Friday at:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks
owned by CFA Institute.
SOURCE Chelmsford Park SA