NEW YORK, February 17, 2017 /PRNewswire/ --
Stock-Callers.com has initiated coverage on these Broad Line Semiconductor equities: Advanced Micro Devices Inc. (NASDAQ: AMD), Intel Corp. (NASDAQ: INTC), STMicroelectronics N.V. (NYSE: STM), and Broadcom Ltd (NASDAQ: AVGO). These stocks belong to the Technology sector which was alone with the Utilities sector as the only industry sectors in the S&P 500 on positive ground on Thursday, February 16th, 2017, with shares of Tech companies in the S&P 500 rising about 0.1%. Learn more about these stocks by downloading their free research reports in PDF format at:
Advanced Micro Devices
California headquartered Advanced Micro Devices Inc.'s stock finished Thursday's session 2.48% lower at $12.97 with a total trading volume of 52.38 million shares. Over the last month and the previous three months, the Company's shares have surged 31.28% and 86.08%, respectively. Additionally, the stock has gained 14.37% since the start of this year. Shares of the Company are trading above their 50-day and 200-day moving averages by 15.31% and 75.77%, respectively. Moreover, shares of Advanced Micro Devices, which operates as a semiconductor company worldwide, have a Relative Strength Index (RSI) of 62.06.
On February 01st, 2017, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $13 a share to $14 a share.
On February 07th, 2017, Advanced Micro Devices announced more than a decade of developing scalable, high-performance, low-power embedded processors for the global casino gaming industry, including major players such as International Game Technology, Scientific Games, Unidesa and Quixant, among others. The Company's accelerated processing units, systems-on-a-chip and discrete graphics processing units enable various display configurations for an increasingly immersive end user experience. Sign up and read the free research report on AMD at:
Shares in California-based Intel Corp. rose 1.00%, ending yesterday's session at $36.41 with a total trading volume of 21.29 million shares. The stock has gained 5.04% in the previous three months and 1.10% on an YTD basis. The Company's shares are trading 0.29% above their 50-day moving average and 5.97% above their 200-day moving average. Moreover, shares of Intel, which designs, manufactures, and sells integrated digital technology platforms worldwide, have an RSI of 51.59.
On February 10th, 2017, research firm Canaccord Genuity downgraded the Company's stock rating from 'Buy' to 'Hold' while revising its previous target price from $43 a share to $38 a share.
On February 14th, 2017, Intel Security, a division of Intel, outlined a new, unifying approach for the cybersecurity industry that strives to eliminate fragmentation through updated integrated solutions, new cross-industry partnerships and product integrations within the Intel Security Innovation Alliance and Cyber Threat Alliance. The complimentary research report on INTC can be downloaded at:
On Thursday, Switzerland headquartered STMicroelectronics N.V.'s stock jumped 3.50%, to close the day at $14.48. A total volume of 9.35 million shares was traded, which was above their three months average volume of 3.88 million shares. The Company's shares have advanced 26.46% in the last one month, 57.77% in the previous three months, and 27.58% on an YTD basis. The stock is trading 21.60% and 73.04% above its 50-day and 200-day moving averages, respectively. Additionally, shares of STMicroelectronics, which together with its subsidiaries, designs, develops, manufactures, and markets semiconductor products, and subsystems and modules worldwide, have an RSI of 73.50.
On January 31st, 2017, the Charging Interface Initiative e.V., CharIN, an open association founded to develop and establish the Combined Charging System as the standard for charging all kinds of battery-powered electric vehicles, and STMicroelectronics, announced that STMicroelectronics has become a member of the initiative.
Register for free on Stock-Callers.com and access the latest report on STM at:
Shares in Singapore headquartered Broadcom Ltd ended the day 1.06% higher at $208.18. A total volume of 1.72 million shares was traded. The stock has gained 12.52% in the last one month, 25.79% in the previous three months, and 17.77% since the start of this year. The Company's shares are trading above their 50-day and 200-day moving averages by 11.07% and 23.21%, respectively. Furthermore, 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 an RSI of 70.43.
On February 06th, 2017, Broadcom announced that it will report its Q1 FY17 financial results and business outlook on March 01st, 2017 after the close of the market via a press release. Broadcom's management will host a conference call at 2:00 p.m. PT on the same day.
On February 08th, 2017, research firm RBC Capital Markets reiterated its 'Top Pick' rating on the Company's stock with an increase of the target price from $200 a share to $225 a share. Get free access to your research report on AVGO at:
Stock Callers (SC) 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. SC 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.
SC 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 email@example.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 SC. SC 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.
SC, 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. SC, 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, SC, 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 SC 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
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:
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA