Technical Research on Semiconductor Equities -- Cree, Oclaro, Synopsys, and United Microelectronics
NEW YORK, September 7, 2017 /PRNewswire/ --
If you want a Stock Review on CREE, OCLR, SNPS, or UMC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Today's research on DailyStockTracker.com is focused on the Semiconductor Equipment and Materials space, which includes companies that are engaged in the design, manufacture, and sale of equipment that assists with the development of semiconductors. Equities to observe this morning are: Cree Inc. (NASDAQ: CREE), Oclaro Inc. (NASDAQ: OCLR), Synopsys Inc. (NASDAQ: SNPS), and United Microelectronics Corp. (NYSE: UMC). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
Cree
On Wednesday, shares in Durham, North Carolina headquartered Cree Inc. recorded a trading volume of 983,458 shares. The stock ended the day at $24.68, rising 0.37% from the last trading session. The Company's shares have advanced 1.52% in the past month and 1.69% in the previous three months. The stock is trading below its 50-day moving average by 0.19%. Furthermore, shares of Cree, which provides lighting-class light emitting diode, lighting, and semiconductor products for power and radio-frequency applications in the US, China, Europe, South Korea, Japan, Malaysia, Taiwan, and internationally, have a Relative Strength Index (RSI) of 57.12.
On August 22nd, 2017, Cree announced financial results for Q4 FY17 and FY17. For Q4 2017, revenue was $359 million; GAAP net loss was $6 million; and non-GAAP net income was $4 million. For FY17, revenue was $1.5 billion; GAAP net loss was $98 million; and non-GAAP net income was $50 million.
On August 23rd, 2017, research firm Stephens Inc downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'. Sign up and read the free research report on CREE at:
http://dailystocktracker.com/registration/?symbol=CREE
Oclaro
San Jose, California headquartered Oclaro Inc.'s stock climbed 1.09%, finishing yesterday's session at $8.36 with a total trading volume of 3.74 million shares. The Company's shares are trading below their 200-day moving average by 8.87%. Shares of the Company, which designs, manufactures, and markets optical components, modules, and subsystems for the long-haul, metro, and data center markets worldwide, have an RSI of 42.97.
On August 10th, 2017, Oclaro announced that its management is scheduled to participate in ET Time at New York Hilton Midtown in New York City. Management will also present in the Deutsche Bank Technology Conference on September 12th, 2017, at 7:40 a.m. PT at Encore at Wynn Las Vegas. The complimentary research report on OCLR can be downloaded at:
http://dailystocktracker.com/registration/?symbol=OCLR
Synopsys
Shares in Mountain View, California headquartered Synopsys Inc. ended the session 0.01% lower at $80.00. The stock recorded a trading volume of 1.20 million shares, which was above its three months average volume of 854,420 shares. The Company's shares have gained 3.69% in the last one month, 5.17% over the previous three months, and 35.92% on an YTD basis. The stock is trading 4.80% above its 50-day moving average and 14.06% above its 200-day moving average. Moreover, shares of Synopsys, which provides electronic design automation software products used to design and test integrated circuits, have an RSI of 66.88.
On August 17th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $85 a share to $90 a share.
On September 05th, 2017, Synopsys announced version 11.1 of its CODE V® optical design software, which includes enhancements to the software's industry-leading capabilities for the design, analysis, and optimization of superior imaging optics. CODE V version 11.1 includes faster modulation transfer function optimization, better design visualization, and enhanced materials databases. Register for free on DailyStockTracker.com and access the latest report on SNPS at:
http://dailystocktracker.com/registration/?symbol=SNPS
United Microelectronics
On Wednesday, Hsinchu, Taiwan headquartered United Microelectronics Corp.'s stock declined 0.74%, finishing at $2.68. A total volume of 950,603 shares was traded. The Company's shares have surged 16.02% in the last month, 32.02% over the previous three months, and 53.14% on an YTD basis. The stock is trading 12.86% and 32.00% above its 50-day and 200-day moving averages, respectively. Additionally, shares of United Microelectronics, which provides semiconductor wafer foundry solutions, have an RSI of 77.23.
On August 09th, 2017, United Microelectronics reported unaudited net sales of NT$12,788,087 for the month of July 2017. The Company also reported unaudited net sales of NT$87,743,918 for the period of January to July 2017. Get free access to your research report on UMC at:
http://dailystocktracker.com/registration/?symbol=UMC
--
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 contact@dailystocktracker.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 DST. DST 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.
NO WARRANTY
DST, 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. DST, 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, DST, 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 DST 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
http://dailystocktracker.com/disclaimer/
CONTACT
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:
Email: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
