Review on Stocks that Hit New High -- Research on BP PLC, Lam Research, Nordstrom, and Advanced Semiconductor Engineering Editor Note: For more information about this release, please scroll to bottom.

LONDON, May 19, 2014 /PRNewswire/ --

The markets on Friday, May 16, 2014 ended on a higher note as the Dow Jones Industrial Average finished the day at 16,491.31, up 0.27%, and the NASDAQ Composite closed at 4,090.59, up 0.52%. The S&P 500 finished the session 0.37% higher at 1,877.86. The gains were broad based as nine out of ten sectors finished positive. Investor-Edge looks at some of the equities that hit a new 52-week high during the last session. These include BP PLC (NYSE: BP), Lam Research Corporation (NASDAQ: LRCX), Nordstrom Inc. (NYSE: JWN) and Advanced Semiconductor Engineering Inc. (NYSE: ASX). Free technical research on BP, LRCX, JWN and ASX can be downloaded upon signing up at:

http://www.investor-edge.com/2698-register

BP PLC's stock edged 0.79% higher on Friday, finishing the day at $51.30, hitting a new 52-week high of $51.43. The stock recorded a trading volume of 5.62 million shares, which was close to its three months average volume of 5.44 million shares. The stock fluctuated between $50.94 and $51.43 during the session. Over the last one month and over the previous three months, BP PLC's shares have advanced 4.95% and 3.83%, respectively. Additionally, since the start of this year the stock has gained an upside of 5.53%. The S&P 500 Energy Sector Index mapped a loss of 0.28% during the session, while the index has advanced 8.22% in the last three months. The stock is trading above its 50-day and 200-day moving averages. Additionally, BP PLC's 50-day moving average of $48.82 is above its 200-day moving average of $46.19. The stock has a Relative Strength Index (RSI) of 66.18. Sign up today to read free research on BP at:

http://www.investor-edge.com/2698-BP-19May2014.pdf

On Friday, Lam Research Corp.'s stock oscillated between $56.20 and $58.98, hitting a new 52-week high of $58.98. The company closed the day 4.76% higher at $58.52. The company's stock reported a trading volume of 3.67 million shares, above its three months average volume of 2.20 million shares. Shares of the company traded at a PE ratio of 19.21. Lam Research Corp.'s shares have surged 10.96% in the last one month and 13.06% in the last three months. Further, the stock has advanced 7.47% since the beginning of 2014. The S&P 500 Information Technology Sector Index registered a gain of 0.64% during the session, and the index has gained 1.44% in the last one month. Lam Research Corp.'s stock is trading above its 50-day and 200-day moving averages of $55.24 and $52.51, respectively. Further, shares of the company have a RSI of 60.26. Sign up today to read free research on LRCX at:

http://www.investor-edge.com/2698-LRCX-19May2014.pdf

Shares in Nordstrom Inc. ended the day at $70.55, up 14.73%, hitting a new 52-week high of $70.71. A total of 8.40 million shares were traded, which was above its three months average volume of 1.63 million shares. The stock moved between $66.75 and $70.71 during the session. Over the last one month and the previous three months, Nordstrom Inc.'s shares have surged 15.96% and 19.74%, respectively. Moreover, since the beginning of the year, the company's stock has gained an upside of 14.16%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $62.07 is greater than its 200-day moving average of $59.97. Nordstrom Inc.'s stock traded at a PE ratio of 19.02 and has an RSI of 77.81. On May 15, 2014 , Nordstrom Inc. announced its Q1 FY 2014 financial results (period ended May 03, 2014). For Q1 FY 2014, the company reported net income of $140 million, or $0.72 per diluted share. Sign up today to read free research on JWN at:

http://www.investor-edge.com/2698-JWN-19May2014.pdf

On Friday, Advanced Semiconductor Engineering Inc.'s stock gained 2.04%, finishing the day at $6.00, after hitting a new 52-week high of $6.02. The stock recorded a trading volume of 0.47 million shares, below to its three month average volume of 0.65 million shares. Advanced Semiconductor Engineering Inc.'s shares have gained 4.35% in the last one month, 21.21% in the previous three months and 25.00% on YTD basis. The S&P 500 Information Technology Sector Index reported a gain of 0.64% during the session, and the index has gained 1.10% in the last three months. Advanced Semiconductor Engineering Inc.'s stock is trading above its 50-day and 200-day moving averages of $5.58 and $4.92, respectively. Furthermore, shares of the company have an RSI of 66.24. Sign up today to read free research on ASX at:

http://www.investor-edge.com/2698-ASX-19May2014.pdf

EDITOR'S NOTES:

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.

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