TMCnet News
Technical Roundup on Semiconductor Stocks -- Applied Optoelectronics, Microsemi, and MaxLinearNEW YORK, May 24, 2017 /PRNewswire/ -- Four Semiconductor Integrated Circuits stocks have been lined up by Stock-Callers.com for review today: Applied Optoelectronics Inc. (NASDAQ: AAOI), Microsemi Corp. (NASDAQ: MSCC), and MaxLinear Inc. (NYSE: MXL). Semiconductors have been shining during the first quarter and are leading the broader Technology sector, thanks to improving overseas demand and innovative technologies. Sign up today and download for free the research reports for the stocks covered today at: http://stock-callers.com/registration Applied Optoelectronics Sugar Land, Texas headquartered Applied Optoelectronics Inc.'s stock finished Tuesday's session 2.93% lower at $69.15. A total volume of 3.77 million shares was traded, which was above their three months average volume of 2.86 million shares. The Company's shares have surged 41.76% in the past month, 86.29% in the previous three months, and 195.01% since the start of this year. The stock is trading 31.98% above its 50-day moving average and 114.65% above its 200-day moving average. Additionally, shares of Applied Optoelectronics, which designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, cable television, and fiber-to-the-home networking end-markets, have a Relative Strength Index (RSI) of 66.29. On May 04th, 2017, Applied Optoelectronics announced financial results for its first quarter ended March 31st, 2017. Total revenue increased to $96.2 million, GAAP gross margin increased to 43.1%, GAAP net income increased to $19.8 million, and non-GAAP net income increased to $21.8 million during the quarter. For Q2 2017, the Company currently expects revenue in the range of $106 million to $112 million, and non-GAAP net income in the range of $22.2 million to $24.3 million. On May 22nd, 2017, research firm Needham initiated a 'Strong Buy' rating on the Company's stock, with a target price of $85 per share. AAOI complete research report is just a click away at: http://stock-callers.com/registration/?symbol=AAOI Microsemi On Tuesday, shares in Aliso Viejo, California headquartered Microsemi Corp. recorded a trading volume of 821,997 shares. The stock ended the session 0.33% higher at $48.52. The Company's shares are trading 0.22% below their 200-day moving average. Moreover, shares of Microsemi, which designs, manufactures, and markets analog and mixed-signal semiconductor solutions in the US, Europe, and Asia, have an RSI of 45.92. On April 28th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $63 a share to $61 a share. On May 15th, 2017, Microsemi announced the Company' 60th anniversary of its products being used in space missions, and its legacy of leadership in developing innovative solutions for the thriving space market. As part of this milestone, the Company is leveraging its unique legacy into a series of Space Forums taking place in North America, Europe, and India in May, June, and July. The complimentary report on MSCC can be downloaded at: http://stock-callers.com/registration/?symbol=MSCC MaxLinear Carlsbad, California headquartered MaxLinear Inc.'s shares closed the day 1.86% lower at $31.14. The stock recorded a trading volume of 950,223 shares, which was higher than its three months average volume of 852,530 shares. The Company's shares have gained 11.89% in the last month, 16.06% over the previous three months, and 42.84% on an YTD basis. The stock is trading 11.09% and 33.72% above its 50-day and 200-day moving averages, respectively. Additionally, shares of MaxLinear, which provides radio-frequency and mixed-signal circuits for broadband communications, data center, metro, and long-haul transport network applications worldwide, have an RSI of 64.10. On May 12th, 2017, MaxLinear announced that it has completed its previously announced acquisition of Exar, Inc. The transaction was conducted by means of a tender offer to acquire all of the outstanding shares of common stock of Exar for a purchase price of $13.00 per share, followed by a second-step merger. The offer expired at 12:00 midnight ET at the end of May 11th, 2017. Download the research report for free on MXL at: http://stock-callers.com/registration/?symbol=MXL -- Stock Callers: Stock Callers (SC) 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. SC 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. SC 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 [email protected]. 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 SC. SC 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 SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-disclaimer/ CONTACT CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute. SOURCE Chelmsford Park SA 
|