Semiconductor Stocks Under Review — Applied Materials, Oclaro, Lam Research, and Teradyne – Teradyne Inc.

Semiconductor Stocks Under Review -- Applied Materials, Oclaro, Lam Research, and Teradyne

NEW YORK, September 19, 2016 /PRNewswire/ --

Stock-Callers.com has initiated research reports on the following Semiconductor Equipment and Materials equities: Applied Materials Inc. (NASDAQ: AMAT), Oclaro Inc. (NASDAQ: OCLR), Lam Research Corp. (NASDAQ: LRCX), and Teradyne Inc. (NYSE: TER). These stocks belong to the Technology sector which was moderately lower on Friday, September 16, 2016. As per an article on NASDAQ, Tech companies in the S&P 500 dropped about 0.5% at the close. Learn more about these stocks by downloading their free research reports in PDF format at:

http://stock-callers.com/registration

Applied Materials  

On Friday, shares in Santa Clara, California-based Applied Materials Inc. recorded a trading volume of 16.24 million shares, which was above their three months average volume of 12.71 million shares. The stock ended the day at $30.05, which was 0.33% lower from the prior session. The Company's shares have surged 10.49% in the last one month, 28.70% over the previous three months, and 63.09% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 8.79% and 37.73%, respectively. Furthermore, shares of Applied Materials, which provides manufacturing equipment, services, and software to the semiconductor, display, solar photovoltaic, and related industries worldwide, have a Relative Strength Index (RSI) of 61.23.

On August 19th, 2016, research firm RBC Capital Markets reiterated its 'Sector Perform' rating on the Company's stock with an increase of the target price from $28 a share to $30 a share.

On September 8th, 2016, Applied Materials announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on its common stock. The dividend is payable on December 15th, 2016 to shareholders of record as of November 25th, 2016. Sign up and read the free research report on AMAT at:

http://stock-callers.com/registration/?symbol=AMAT


Oclaro  

San Jose, California-based Oclaro Inc.'s stock finished the session 0.57% higher at $8.89. A total volume of 3.64 million shares was traded, which was higher than their three months average volume of 3.36 million shares. The Company's shares have gained 26.28% in the last one month, 75.69% over the previous three months, and 155.46% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 33.17% and 77.87%, respectively. Furthermore, shares of Oclaro, which designs, manufactures, and markets lasers and optical components, modules, and subsystems for the optical communications, industrial, and consumer laser markets worldwide, have an RSI of 75.27.

On August 22nd, 2016, Oclaro announced that, effective on August 22nd, 2016, it has completed the exchanges for all $65 million of its 6% Convertible Senior Notes due 2020. Between August 8th and August 18th, 2016, Oclaro entered into privately negotiated agreements pursuant to which it (i) issued an aggregate of 34,659,972 shares of its common stock, par value $0.01 per share, and (ii) made a cash payment in the amount of $4.7 million, in exchange for $65 million aggregate principal amount of its 6.00% Convertible Senior Notes due 2020.

On September 6th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $7.50 a share to $10 a share. The complimentary research report on OCLR can be downloaded at:


http://stock-callers.com/registration/?symbol=OCLR


Lam Research 

At the closing bell on Friday, shares in California headquartered Lam Research Corp. saw a slight decline of 0.43%, ending the day at $92.96. The stock recorded a trading volume of 2.09 million shares. The Company's shares have advanced 3.39% in the last one month, 12.52% over the previous three months, and 18.34% since the start of this year. The stock is trading 2.32% above its 50-day moving average and 16.09% above its 200-day moving average. Moreover, shares of Lam Research, which designs, manufactures, markets, refurbishes, and services semiconductor processing systems used in the fabrication of integrated circuits, have an RSI of 52.25.

On September 7th, 2016, Lam Research announced that it is expanding its atomic layer etching (ALE) portfolio with the addition of ALE capability on its Flex dielectric etch systems. The company stated that the new ALE process has demonstrated the atomic-level control needed to address key challenges in scaling logic devices to 10 nm and below. Register for free on Stock-Callers.com and access the latest report on LRCX at:

http://stock-callers.com/registration/?symbol=LRCX


Teradyne  

Massachusetts headquartered Teradyne Inc.'s stock ended the day 0.10% lower at $20.86. A total volume of 2.16 million shares was traded, which was above their three months average volume of 1.79 million shares. The Company's shares have gained 2.44% in the last month, 9.64% over the previous three months, and 1.85% on an YTD basis. The stock is trading 1.56% above its 50-day moving average and 4.89% above its 200-day moving average. Additionally, shares of Teradyne, which designs, develops, manufactures, and sells automatic test equipment worldwide, have an RSI of 50.48. Get free access to your research report on TER at:

http://stock-callers.com/registration/?symbol=TER

--

Stock Callers: 

Stock Callers (SC) 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. SC 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. 

SC 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 info@stock-callers.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 SC. SC 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 

SC, 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. SC, 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, SC, 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 SC 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://stock-callers.com/legal-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: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA