Semiconductor Stocks Under Review -- NVIDIA, Himax Technologies, First Solar, and SunPower
NEW YORK, November 1, 2016 /PRNewswire/ --
Stock-Callers.com directs investors' attention to these four Specialized Semiconductor operators: NVIDIA Corp. (NASDAQ: NVDA), Himax Technologies Inc. (NASDAQ: HIMX), First Solar Inc. (NASDAQ: FSLR), and SunPower Corp. (NASDAQ: SPWR). In July 2016, a specialized semiconductor research institute, IC Insights lowered its 2016 industry forecast to -1% due to a weakening global economy and the slump in the DRAM market. According to the forecast, the global economy is expected to grow by 2.3% this year, which is well below the 2.5% threshold. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
NVIDIA
On Monday, shares in Santa Clara, California headquartered NVIDIA Corp. recorded a trading volume of 6.31 million shares. The stock ended the day at $71.16, rising 0.85%. The Company's shares have gained 3.85% in the last one month, 27.21% over the previous three months, and 117.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 9.38% and 52.30%, respectively. Furthermore, shares of NVIDIA, which operates as a visual computing company worldwide, have a Relative Strength Index (RSI) of 65.37.
On October 28th, 2016, NVIDIA announced that it has opened this month new offices in Tel Aviv, the heart of Israel's high-tech activities, and in Lund, a 1,000-year-old university town in Sweden's far south. The company is looking forward to building out world-class design centers to accelerate advancements in computing at the intersection of AI, visual computing, and high performance computing. NVIDIA's latest event in Tel Aviv will be its annual Emerging Companies Summit, on November 16th, 2016. Sign up and read the free research report on NVDA at:
http://stock-callers.com/registration/?symbol=NVDA
Himax Technologies
Tainan City, Taiwan headquartered Himax Technologies Inc.'s stock finished yesterday's session 2.12% lower at $7.85 and with a total trading volume of 1.46 million shares. Shares of the Company, which provides display imaging processing technologies to consumer electronics worldwide, are trading below their 200-day moving average by 15.19%. The stock has an RSI of 31.74.
On October 24th, 2016, Himax Technologies announced the appointment of MZ Group at the Company's US-based investor relations firm. "From 2012 through 2014, we had the opportunity to work with MZ during a period of strong growth for our company and shareholders," said Jordan Wu, President and CEO of Himax Technologies. The complimentary research report on HIMX can be downloaded at:
http://stock-callers.com/registration/?symbol=HIMX
First Solar
At the closing bell on Monday, shares in Tempe, Arizona headquartered First Solar Inc. saw a slight decline of 0.39%, ending the day at $40.49. The stock recorded a trading volume of 1.70 million shares. The Company's shares have advanced 2.53% in the last one month. The stock is trading 5.84% above its 50-day moving average. Moreover, shares of First Solar, which provides solar energy solutions in the US and internationally, have an RSI of 54.20.
On October 10th, 2016, research firm Piper Jaffray initiated a 'Neutral' rating on the Company's stock, issuing a target price of $43 per share.
On October 25th, 2016, First Solar announced that it will report financial results for the Q3 ended September 30th, 2016, after the market closes on November 2nd, 2016. The Company will hold its quarterly conference call to discuss these results and updated outlook for 2016 at 4:30 p.m. ET. Register for free on Stock-Callers.com and access the latest report on FSLR at:
http://stock-callers.com/registration/?symbol=FSLR
SunPower
San Jose, California headquartered SunPower Corp.'s stock ended the day 3.08% lower at $7.24 and with a total trading volume of 2.03 million shares. Shares of the Company, which designs, manufactures, and delivers solar systems to residential, commercial, and power plant customers worldwide, are trading 18.85% below their 50-day moving average. The stock has an RSI of 30.66.
On October 26th, 2016, SunPower announced that it will discuss its Q3 2016 financial results on a conference call on November 9th, 2016 at 1:30 p.m. PT. The earnings press release and supplemental financial information will be available on SunPower's website at 1:05 p.m. PT on November 9th, 2016. Get free access to your research report on SPWR at:
http://stock-callers.com/registration/?symbol=SPWR
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