Technology Equities Under Review -- Advanced Micro Devices, Intel, Cypress Semiconductor, and CoreLogic

Aug 02, 2016, 09:47 ET from Chelmsford Park SA

NEW YORK, August 2, 2016 /PRNewswire/ --

As Technology rapidly evolves, the need and demand for mobile devices and the cloud services are fast rising. Companies are constantly diversifying their operating models and developing new innovation in order to stay ahead of the game. Today, Stock-Callers.com has issued reports on the following equities: Advanced Micro Devices Inc. (NASDAQ: AMD), Intel Corp. (NASDAQ: INTC), Cypress Semiconductor Corp. (NASDAQ: CY), and CoreLogic Inc. (NYSE: CLGX). Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Let us see how these stocks fared at yesterday's close:

Advanced Micro Devices  

Sunnyvale, California headquartered Advanced Micro Devices Inc.'s shares fell 3.21% finishing Monday's trading session at $6.64 with a total volume of 26.69 million shares traded. In the last month and the previous three months, the stock has advanced 29.18% and 77.54%, respectively. Additionally, the Company's shares have soared 131.36% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 32.79% and 112.07%, respectively. Moreover, shares Advanced Micro Devices, which operates as a semiconductor company worldwide, have a Relative Strength Index (RSI) of 69.31.

On July 22nd, 2016, Advanced Micro Devices announced revenue of $1,027 million up 23% sequentially for Q2 FY16. The company also reported net income of $69 million, or earnings per share of $0.08, for Q2 FY16 as compared to a net loss of $109 million, or loss per share of $0.14, in Q1 2016.

On July 22nd, 2016, research firm Mizuho reiterated its 'Neutral' rating on the Company's stock with an increase of the target price to $5.50 a share from $4.50 a share. Sign up and read the free research report on AMD at:

http://stock-callers.com/registration/?symbol=AMD

Intel  

On Monday, shares in Santa Clara, California-based Intel Corp. recorded a trading volume of 18.76 million shares, and ended the session 0.03% lower at $34.85. The stock has gained 6.25% in the last one month, 14.84% in the previous three months, and 2.93% on an YTD basis. The Company's shares are trading 6.37% above their 50-day moving average and 9.23% above their 200-day moving average. Furthermore, shares of Intel, which designs, manufactures, and sells integrated digital technology platforms worldwide, have an RSI of 59.89.

On July 20th, 2016, Intel reported GAAP revenue of $13.5 billion, operating income of $1.3 billion, net income of $1.3 billion, and EPS of $0.27 for Q2 2016. The company generated approximately $3.8 billion in cash from operations, paid dividends of $1.2 billion, and used $804 million to repurchase 26 million shares of stock.

On July 21st, 2016, research firm MKM Partners reiterated its 'Buy' rating on the Company's stock with an increase of the target price to $40 a share from $39 a share. The complimentary research report on INTC can be downloaded at:

http://stock-callers.com/registration/?symbol=INTC

Cypress Semiconductor  

Shares in San Jose, California headquartered Cypress Semiconductor Corp. closed the day at $11.63, slightly down 0.09%. The stock recorded a trading volume of 6.40 million shares. The Company's shares have gained 10.24% in the last one month, 22.73% in the previous three months, and 21.55% since the start of this year. The stock is trading 10.37% above its 50-day moving average and 26.35% above its 200-day moving average. Additionally, shares of Cypress Semiconductor, which designs, develops, manufactures, markets, and sells mixed-signal programmable solutions worldwide, have an RSI of 60.72.

On July 29th, 2016, research firm Craig Hallum reiterated its 'Buy' rating on the Company's stock with an increase of the target price to $14 a share from $12 a share. Register for free on Stock-Callers.com and access the latest report on CY at:

http://stock-callers.com/registration/?symbol=CY

CoreLogic  

At the closing bell, shares in Irvine, California headquartered CoreLogic Inc. ended 1.14% lower at $39.82, and with a total volume of 579,355 shares traded. The stock has advanced 3.48% in the last one month, 10.80% in the previous three months, and 17.60% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 3.30% and 9.82%, respectively. Furthermore, shares of CoreLogic, which provides property information, analytics, and data-enabled services in North America, Western Europe, and the Asia Pacific, have an RSI of 52.94.

On July 25th, 2016, CoreLogic reported that second quarter 2016 revenues totaled $500 million compared with $386 million in the same 2015 period. The company posted that the net income from continuing operations totalled $40 million in Q2 2016 compared to $33 million in Q2 2015. Adjusted diluted EPS totaled $0.65, up 18% on y-o-y basis.

On July 27th, 2016, research firm Monness Crespi & Hardt reiterated its 'Buy' rating on the Company's stock with an increase of the target price to $46 a share from $44 a share. Get free access to your research report on CLGX at:

http://stock-callers.com/registration/?symbol=CLGX

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