Yahoo Finance MU, RMBS, AMD, and TXN Under StockCall’s Microscope
StockCall.com Provides Stock Research on Micron Technology Inc., Rambus Inc., Advanced Micro Devices Inc., and Texas Instruments Inc.
New York City, New York -- (April 30, 2013)
A sharp slowdown in demand for PCs due to the ongoing shift to mobile computing has had a significant impact on the semiconductor. Semiconductor companies that relied heavily on PC demand have struggled in recent years due to the shift to mobile. On the other hand, semiconductor companies with sound mobile strategy have benefited. Going forward, mobile will remain the key growth driver for the industry. Semiconductors’ stocks ended mostly higher in Monday’s trading session, tracking gains in the broad market, which closed at record high levels. Among the major movers in the semiconductor sector yesterday were Micron Technology Inc. (NASDAQ:MU - News), Rambus Inc. (NASDAQ:RMBS - News), Advanced Micro Devices Inc. (NYSE:AMD - News), and Texas Instruments Incorporated (NASDAQ:TXN - News). StockCall has released full comprehensive research on MU, RMBS, AMD, and TXN and these free technical analyses can be downloaded by signing up at
www.stockcall.com/technicalanalysis
Shares of Micron Technology Inc. struggled in Monday’s trading session even as the broad market rallied. The stock traded between $9.34 and $9.50 before finishing the day 0.85% lower at $9.35 on volume of 17.19 million. The company’s shares have had an excellent run so far in 2013, gaining nearly 47.50%, as compared to a gain of over 11.70% for the S&P 500. Despite the significant gains, the stock is still trading 9% below its 52-week high. Its shares are currently facing stiff resistance at around $10. Free technical analysis on MU available by signing up at
www.StockCall.com/MU043013.pdf
Shares of Rambus Inc. rose sharply in trading yesterday. The stock ended the day 3.49% higher at $6.82 on volume of 1.09 million after touching an intra-day high of $7. Rambus’ shares have now gained more than 10.50% in the last three trading sessions. Year-to-date, the stock has gained more than 40%, easily outperforming the broad market. Shares of RMBS have seen a series of highs over the last week which is a bullish signal. The upbeat trend is further confirmed by recent volume activity. Register today and access the free research on RMBS at
www.StockCall.com/RMBS043013.pdf
Shares of Advanced Micro Devices Inc. edged higher in Monday’s trading session, extending their gains from previous sessions. The stock closed 1.52% higher at $2.68 on volume of 11.22 million, taking its gains in the last three sessions to nearly 2.70%. The company’s shares have traded in a tight range since the start of this year. However, the stock has crossed above its 50-day moving average recently, which is a bullish signal. The positive trend is further confirmed by the stock’s MACD chart. The free report on AMD can be downloaded by signing up now at
www.StockCall.com/AMD043013.pdf
Texas Instruments Incorporated’s shares edged higher yesterday; however, the gains were limited. The stock ended the day 0.64% higher at $35.97 on volume of 5.34 million after touching an intra-day high of $36.10. The company’s shares are currently trading close to their 52-week high of $36.26. The stock has outperformed the S&P 500 thus far this year, gaining more than 18%. Its shares recently broke through $35.50 resistance level which is a bullish signal. The stock’s MACD has also crossed above the signal line, which further confirms the bullish trend. Free report on TXN can be accessed by registering at
www.StockCall.com/TXN043013.pdf
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