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This Morning's Technical Outlook on Semiconductor Stocks -- Lam Research, Oclaro, Synopsys, and United Microelectronics
[March 13, 2018]

This Morning's Technical Outlook on Semiconductor Stocks -- Lam Research, Oclaro, Synopsys, and United Microelectronics


NEW YORK, March 13, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on LRCX, OCLR, SNPS, and UMC which can be accessed for free by signing up to www.wallstequities.com/registration. Pre-market, WallStEquities.com revisits the Semiconductor Equipment and Materials space, which is engaged in the design, manufacture, and sale of equipment that assists with the development of semiconductors. Under evaluation this morning are: Lam Research Corp. (NASDAQ: LRCX), Oclaro Inc. (NASDAQ: OCLR), Synopsys Inc. (NASDAQ: SNPS), and United Microelectronics Corp. (NYSE: UMC). All you have to do is sign up today for this free limited time offer by clicking the link below.

www.wallstequities.com/registration

Lam Research

Fremont, California headquartered Lam Research Corp.'s shares gained 1.64%, closing Monday's trading session at $228.65. The stock recorded a trading volume of 4.93 million shares, which was above its three months average volume of 3.60 million shares. The Company's shares have surged 40.94% in the last month, 20.88% over the previous three months, and 89.59% over the past year. The stock is trading 18.82% above its 50-day moving average and 27.73% above its 200-day moving average. Additionally, shares of Lam Research have a Relative Strength Index (RSI) of 74.50. 

On March 06th, 2018, Lam Research announced its plan to return at least 50% of free cash flow to stockholders over the next five years through share repurchases and dividends. This plan includes a 120% increase of the Company's quarterly dividend, starting with the dividend to be declared in the June quarter, with a bias for the dividend to grow over time, and an additional $2 billion share repurchase authorization, with execution planned over the next 12 to 18 months. Get the full research report on LRCX for free by clicking below at: www.wallstequities.com/registration/?symbol=LRCX

Oclaro

On Monday, shares in San Jose, California headquartered Oclaro Inc. recorded a trading volume of 80.05 million shares, which was above their three months average volume of 4.65 million shares. The stock edged 27.52% higher, ending the day at $10.01. The Company's shares have advanced 47.42% in the past month, 43.20% in the previous three months, and 17.08% over the past year. The stock is trading above its 50-day and 200-day moving averages by 46.87% and 24.32%, respectively. Furthermore, shares of Oclaro have an RSI of 86.47. 

On March 06th, 2018, Oclaro announced general market availability of its 100G PAM4 EA-DFB EML chips for next-generation transceiver applications. These EML chips, which operate at 53 Gbaud with up to 40Ghz bandwidth (@ 20°C) and 6dB extinction ratio (@70°C), are ideal for use in pulse amplitude modulation-based transceivers, enabling 100 Gbps per wavelength. The Company also announced additional wafer fab capacity upgrades for DML and EML laser production, providing greater availability for its components. 

On March 09th, 2018, research firm Morgan Stanley initiated an 'Equal-Weight' rating on the Company's stock, with a target price of $8 per share. OCLR's complimentary research coverage is a few simple steps away at: www.wallstequities.com/registration/?symbol=OCLR



Synopsys

Mountain View, California headquartered Synopsys Inc.'s stock finished the day 0.71% lower at $89.09 with a total trading volume of 796,830 shares. Shares of the Company have advanced 7.83% in the last month and 24.03% over the past year. The stock is trading above its 50-day and 200-day moving averages by 0.91% and 7.94%, respectively. Additionally, shares of Synopsys have an RSI of 57.32. 


On March 06th, 2018, Synopsys announced that the Company has added the ChaCha20 and Poly1305 (RFC7539) algorithms to its DesignWare® Multipurpose Security Protocol Accelerator IP, enabling designers to efficiently implement the latest encryption and authentication functionality to protect their IoT system-on-chips. The Security Protocol Accelerator IP increases security protocol performance by supporting efficient data sequencing as well as parallel processing of cryptographic operations, such as authentication and encryption/decryption. Register for your free research report on SNPS at: www.wallstequities.com/registration/?symbol=SNPS

United Microelectronics

Shares in Hsinchu, Taiwan headquartered United Microelectronics Corp. ended yesterday's session flat at $2.60. The stock recorded a trading volume of 241,884 shares. The Company's shares have advanced 11.59% in the last month, 5.69% over the previous three months, and 31.98% over the past year. The stock is trading 6.62% and 7.11% above its 50-day and 200-day moving averages, respectively. Moreover, shares of United Microelectronics have an RSI of 61.73. 

On March 09th, 2018, United Microelectronics reported its unaudited net sales for the period of January to February 2018 of NT$25,084,945. The Company also reported unaudited net sales for the month of February 2018 of NT$11,909,283. Wall St. Equities' downloadable research report on UMC available at: www.wallstequities.com/registration/?symbol=UMC

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