NEW YORK, August 31, 2017 /PRNewswire/ --
If you want a Stock Review on AVGO, IDTI, MXIM, or QRVO then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's pre-market research on DailyStockTracker.com is focused on four Semiconductor Broad Line equities, namely: Broadcom Ltd (NASDAQ: AVGO), Integrated Device Technology Inc. (NASDAQ: IDTI), Maxim Integrated Products Inc. (NASDAQ: MXIM), and Qorvo Inc. (NASDAQ: QRVO). According to a Zacks report, research firm Gartner estimates that semiconductor capital spending will rise 10.2% in 2017 due to strong manufacturing demand in memory and leading-edge logic. WFE and packaging will grow 17.9%, with other semiconductor capital spending growing 1.8%. Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
On Wednesday, shares in Singapore headquartered Broadcom Ltd recorded a trading volume of 2.19 million shares. The stock ended the day at $246.02, rising 1.77% from the last trading session. The Company's shares have advanced 4.87% in the previous three months and 39.18% on an YTD basis. The stock is trading above its 200-day moving average by 13.16%. Furthermore, shares of Broadcom, which designs, develops, and supplies a range of semiconductor devices worldwide, have a Relative Strength Index (RSI) of 49.18.
On August 25th, 2017, research firm Cowen reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $260 a share to $270 a share.
On August 29th, 2017, Broadcom announced that its Board of Directors has approved a quarterly, interim cash dividend of $1.02 per ordinary share. A corresponding distribution will also be paid by the Partnership, of which the Company is the General Partner, to holders of restricted exchangeable limited partnership units ("REUs"), in the amount of $1.02 per REU. The dividend and the distribution are both payable on September 29th, 2017, to shareholders of record at the close of business on September 19th, 2017. Sign up and read the free research report on AVGO at:
Integrated Device Technology
San Jose, California headquartered Integrated Device Technology Inc.'s stock climbed 2.47%, finishing yesterday's session at $24.44 with a total trading volume of 965,365 shares. The Company's shares have gained 3.74% since the start of this year. The stock is trading below its 200-day moving average by 0.37%. Additionally, shares of Integrated Device Technology, which designs, develops, manufactures, and markets a range of semiconductor solutions for the communications, computing, consumer, automotive, industrial, and Internet-of-things end-markets, have an RSI of 52.74.
On August 01st, 2017, research firm Bank of America/ Merrill downgraded the Company's stock rating from 'Neutral' to 'Underperform'.
On August 23rd, 2017, Integrated Device Technology announced its participation in the Deutsche Bank 2017 Technology Conference, which will be held on September 12th, 2017 at the Encore at the Wynn hotel in Las Vegas, Nevada. A live audio webcast of the presentation and an archive for replay will be available under the "Investor Relations" section of the Company's website. The complimentary research report on IDTI can be downloaded at:
Maxim Integrated Products
Shares in San Jose, California headquartered Maxim Integrated Products Inc. ended the session 1.81% higher at $45.56. The stock recorded a trading volume of 2.05 million shares. The Company's shares have gained 18.12% on an YTD basis. The stock is trading 0.43% above its 50-day moving average and 3.51% above its 200-day moving average. Moreover, shares of the Company, which designs, develops, manufactures, and markets a range of linear and mixed-signal integrated circuits in the US, China, rest of Asia, Europe, and internationally, have an RSI of 55.27.
On August 22nd, 2017, Maxim Integrated Products announced that it will update its business model to the investor and analyst community on September 05th, 2017, following market close. A live webcast and slide presentation will begin at 2:00 p.m. PT. Register for free on DailyStockTracker.com and access the latest report on MXIM at:
On Wednesday, Greensboro, North Carolina headquartered Qorvo Inc.'s stock jumped 3.78%, finishing at $73.12. A total volume of 831,993 shares was traded. The Company's shares have gained 7.42% in the last month and 38.67% on an YTD basis. The stock is trading 7.09% and 11.25% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Qorvo, which provides radio frequency solutions and technologies for mobile device, infrastructure, and defense and aerospace applications worldwide, have an RSI of 66.66.
On August 10th , 2017, Qorvo introduced a new asymmetric Doherty amplifier that enables customers to achieve ultra-high levels of power efficiency in the design of wireless base station equipment. The next-generation gallium nitride on silicon carbide (GaN-on-SiC) solution features two transistors in a single package to maximize linearity, efficiency, and gain, and ultimately reduce operating costs. Get free access to your research report on QRVO at:
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