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Technical Research on Semiconductor Equities -- Cree, Oclaro, Synopsys, and United Microelectronics
[September 07, 2017]

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

--

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