Semiconductor Stocks Under Review -- NVIDIA, SunPower, First Solar, and Cirrus Logic
NEW YORK, May 3, 2017 /PRNewswire/ --
Four Semiconductor Specialized stocks have been lined up for review on Stock-Callers.com today: NVIDIA Corp. (NASDAQ: NVDA), SunPower Corp. (NASDAQ: SPWR), First Solar Inc. (NASDAQ: FSLR), and Cirrus Logic Inc. (NASDAQ: CRUS). The Semiconductor space serves as a driver, enabler, and indicator of technological progress. Developments in the industry determine the way people work, transport themselves, communicate, entertain themselves, defend themselves, and respond to their environment. Learn more about these stocks by downloading their free research reports in PDF format at:
http://stock-callers.com/registration
NVIDIA
On Tuesday, shares in Santa Clara, California headquartered NVIDIA Corp. recorded a trading volume of 15.61 million shares, which was higher than their three months average volume of 15.43 million shares. The stock ended the day at $103.48, declining 2.96% from the last trading session. The Company's shares are trading above their 50-day and 200-day moving averages by 0.40% and 20.36%, respectively. Furthermore, shares of NVIDIA, which operates as a visual computing company worldwide, have a Relative Strength Index (RSI) of 53.01.
On April 05th, 2017, research firm Canaccord Genuity reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $130 a share to $125 a share.
On April 17th, 2017, NVIDIA announced that its deep learning platform is now available as part of Baidu Cloud's deep learning service, giving enterprise customers instant access to the world's most adopted AI tools. The new Baidu Cloud offers the latest GPU computing technology, including Pascal™ architecture-based NVIDIA® Tesla® P40 GPUs and NVIDIA deep learning software. Sign up and read the free research report on NVDA at:
http://stock-callers.com/registration/?symbol=NVDA
SunPower
San Jose, California headquartered SunPower Corp.'s stock edged 3.61% higher, finishing yesterday's session at $7.18 with a total trading volume of 2.81 million shares. The Company's shares have gained 17.70% in the last month, 8.13% over the previous three months, and 8.62% since the start of this year. The stock is trading above its 50-day moving average by 1.65%. Additionally, shares of SunPower, which researches, develops, manufactures, and delivers solar solutions worldwide, have an RSI of 57.71.
On April 25th, 2017, SunPower announced that it will discuss its Q1 2017 financial results on a conference call on Tuesday, May 09th, 2017, at 1:30 p.m. PT. The webcast may be accessed on the Company's website. The complimentary research report on SPWR can be downloaded at:
http://stock-callers.com/registration/?symbol=SPWR
First Solar
Shares in Tempe, Arizona headquartered First Solar Inc. ended the session 2.61% higher at $30.32. The stock recorded a trading volume of 5.57 million shares, which was above its three months average volume of 3.43 million shares. The Company's shares have gained 11.88% in the last one month. The stock is trading 0.31% below its 50-day moving average. Moreover, shares of First Solar, which provides solar energy solutions in the US and internationally, have an RSI of 62.77.
On April 05th, 2017, First Solar announced that the Company, working together with its financial and legal advisors, is reviewing alternatives for the sale of its interests in 8point3 Energy Partners. The Company will coordinate this review with its partner, SunPower.
On May 01st, 2017, research firm Credit Suisse upgraded the Company's stock rating from 'Underperform' to 'Neutral'. Register for free on Stock-Callers.com and access the latest report on FSLR at:
http://stock-callers.com/registration/?symbol=FSLR
Cirrus Logic
At the closing bell on Tuesday, Austin, Texas headquartered Cirrus Logic Inc.'s stock declined 0.80%, finishing at $64.66. A total volume of 1.03 million shares was traded. The Company's shares have gained 6.54% in the last month, 7.19% over the previous three months, and 14.36% on an YTD basis. The stock is trading 8.63% and 17.25% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Cirrus Logic, which develops, manufactures, and markets analog and mixed-signal integrated circuits for a range of consumer and industrial markets, have an RSI of 61.23.
On April 04th, 2017, research firm Pacific Crest upgraded the Company's stock rating from 'Sector Weight' to 'Overweight'.
On April 06th, 2017, Cirrus Logic announced that it will post its Q4 and full FY17 financial results and business outlook under the Investor Relations section of its website on Wednesday, May 03rd, 2017, at approximately 4:00 p.m. ET. The Company will host a live Q&A webcast session at 5:00 p.m. ET that same day to answer questions related to its financial results and business outlook. Get free access to your research report on CRUS at:
http://stock-callers.com/registration/?symbol=CRUS
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