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 22 nd, 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 23 rd, 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 10 th, 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 12 th, 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 17 th, 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 05 th, 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 09 th, 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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