Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Pre-Market Technical Recap on Electronic Equipment Stocks -- Apple, Fabrinet, Philips, and Sony

AAPL, FN, PHG, SONY

PR Newswire

NEW YORK, August 11, 2017 /PRNewswire/ --

If you want a Stock Review on AAPL, FN, PHG, or SNE then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. For today, DailyStockTracker.com draws investors' attention to Apple Inc. (NASDAQ: AAPL), Fabrinet (NYSE: FN), Koninklijke Philips N.V. (NYSE: PHG), and Sony Corp. (NYSE: SNE). Electronic Equipment companies design, manufacture, and sell electrical and electronic products for consumer and industrial use. Their products can range from lighting solutions to medical equipment. Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

 

Apple 

Cupertino, California headquartered Apple Inc.'s shares saw a decline of 3.56%, finishing Thursday's trading session at $155.32. A total volume of 39.57 million shares was traded, which was higher than their three months average volume of 27.10 million shares. In the last month and the previous three months, the stock has advanced 6.57% and 0.89%, respectively. Additionally, the Company's shares have gained 34.10% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.96% and 15.24%, respectively. Moreover, shares of Apple, which designs, manufactures, and markets mobile communication and media devices, personal computers, and portable digital music players to consumers, small and mid-sized businesses, and education, enterprise, and government customers worldwide, have a Relative Strength Index (RSI) of 56.07.

On July 21 st, 2017, Apple announced that Deirdre O'Brien, Vice President of Worldwide Sales and Operations, has been named vice president of People, reporting to CEO Tim Cook. A nearly 30-year Apple veteran, Deirdre will lead all HR functions including talent development, recruiting, benefits, compensation, and business support, as well as overseeing Apple University.

On August 04 th, 2017, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $170 a share to $180 a share. Free research report on AAPL is available at:

http://dailystocktracker.com/registration/?symbol=AAPL


Fabrinet 

On Thursday, shares in George Town, the Cayman Islands-based Fabrinet recorded a trading volume of 413,861 shares, and ended the session 3.49% lower at $40.88. The stock has gained 12.77% over the previous three months and 1.44% on an YTD basis. The Company's shares are trading 0.69% above their 200-day moving average. Furthermore, shares of Fabrinet, which provides optical packaging and precision optical, electro-mechanical, and electronic manufacturing services to original equipment manufacturers of optical communication components, modules and sub-systems, industrial lasers, medical devices, and sensors, have an RSI of 38.80.

On July 24 th, 2017, Fabrinet announced that it will release its Q4 FY17 and FY17 financial results for the period ended June 30 th, 2017 after market close on August 21 st, 2017. On that day, management will hold a conference call and webcast at 5:00 p.m. ET to review and discuss the Company's results. The live webcast will be available on the Company's investor website. The complimentary research report on FN can be downloaded at:

http://dailystocktracker.com/registration/?symbol=FN


Koninklijke Philips 

Shares in Amsterdam, the Netherlands headquartered Koninklijke Philips N.V. closed at $37.08, down 1.41% from the last trading session. The stock recorded a trading volume of 1.02 million shares. The Company's shares have gained 2.32% in the last one month, 2.69% over the previous three months, and 21.30% since the start of this year. The stock is trading 1.25% and 14.19% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Philips, which operates as a health technology company worldwide, have an RSI of 47.56.

On August 01 st, 2017, Koninklijke Philips (PHG) announced that it has completed the transaction with Profound Medical Corp. As previously announced on June 30 th, 2017, the duo entered into an asset and share purchase agreement pursuant to which the latter agreed to acquire PHG's Magnetic Resonance-Guided High Intensity Focused Ultrasound business, in exchange for 7,400,000 Profound common shares to be issued to PHG by way of a private placement. Visit DailyStockTracker.com today and access our complete research report on PHG at:

http://dailystocktracker.com/registration/?symbol=PHG


Sony 

Tokyo, Japan headquartered Sony Corp.'s stock ended 2.85% lower at $38.88. A total volume of 1.00 million shares was traded, which was above their three months average volume of 935,110 shares. The Company's shares have advanced 9.24% over the previous three months and 38.71% on an YTD basis. The stock is trading above its 200-day moving average by 16.66%. Furthermore, shares of Sony, which designs, develops, manufactures, and sells electronic equipment, instruments, and devices for consumer, professional, and industrial markets worldwide, have an RSI of 42.52. Get free access to your research report on SNE at:

http://dailystocktracker.com/registration/?symbol=SNE

 

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 Chelmsford Park SA