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Tag: CRUS

  • Early Morning Vibes: Watch These 4 Stocks Today

    Early Morning Vibes: Watch These 4 Stocks Today

    Key US stock index futures are mostly lower on Wednesday, while traders await the results of the US Senate elections and the announcement of the official results of the presidential elections in the country, trading data showed.

    Future for the Dow Jones Industrial Average (DJIA) grew by 0.13% – to 30325 points, on the NASDAQ high-tech index – decreased by 2.19%, to 12,513.88 points, on the broad market S&P 500 index – by 0.51%, to 3699.38 points.

    Investors are closely following the US Senate elections. According to NBC News, Democrat Rafael Warnock wins the second round of Senate elections in the US state of Georgia. Democrats need to win both Senate seats from Georgia in order to gain control of the US Senate after the House of Representatives and strengthen the capacity of the future Joe Biden administration to conduct domestic politics.

    At the same time, analysts believe that the victory of the Democrats in the Senate elections could have a positive effect on the market. The “Blue Wave” (Senate Democratic advantage – ed.) Could be a good outcome for the markets as strong stimulus measures will help accelerate the economic recovery, “said Vasu Menon, senior investment strategist at OCBC Bank Wealth Management, whose opinion also leads the agency.

    Today Top Movers

    Aurora Cannabis Inc (ACB), a Drug Manufacturer company, soared about 17.94% ‎at $11.44 in pre-market trading Wednesday.‎

    Sundial Growers Inc (SNDL) share price jumped 23.56% to $0.67 during early morning ‎trading session on Wednesday.‎

    9 Meters Biopharma Inc (NMTR) stock increased 25.23% at $1.34 in the pre-‎market trading today.

    IsoRay Inc (ISR) gained over ‎254.38‎% at $1.88 in pre-market ‎trading on Wednesday after receiving clearance from U.S. Food and Drug Administration (FDA) ‎for the use of C4 Imaging’s Sirius positive-signal MRI (Magnetic Resonance Imaging) Markers with Isoray’s Cesium-131, brachytherapy seeds.

    Top Upgrades & Downgrades

    KeyBanc turned bullish on Cirrus Logic Inc. (CRUS), upgrading the stock to “Overweight” and assigning a $100.0 price target, representing potential upside of 15.79% from Tuesday’s close.

    MetLife Inc. (MET) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $52.0, suggesting 11.47% additional upside for the stock.

    J.B. Hunt Transport Services Inc. (JBHT) received an upgrade from analysts at Citigroup. They changed their rating on JBHT to Buy from Neutral in a recently issued research note.

    Earlier Wednesday RBC Capital reduced its rating on Perrigo Company plc (PRGO) stock to Sector Perform from Outperform and assigned the price target to $49.

    Wells Fargo analysts reduced their investment ratings, saying in research reports covered by the media that its rating for American Electric Power Company, Inc. (AEP) has been changed to Equal-Weight from Overweight and the new price target is set at $88.

    Analysts at B. Riley Securities downgraded Kratos Defense & Security Solutions Inc. (KTOS)’s stock to Neutral from Buy Wednesday.

    Latest Insider Activity

    fuboTV Inc. (FUBO) 10% Owner COMCAST CORP announced the sale of shares taking place on Dec 31 at $30.06 for some 500,000 shares. The total came to more than $15.03 million.

    Intercept Pharmaceuticals Inc. (ICPT) CFO and Treasurer Kapadia Sandip sold on Jan 05 a total 23,764 shares at $24.47 on average. The insider’s sale generated proceeds of almost $53663.

    Gritstone Oncology Inc. (GRTS) Director Woiwode Thomas declared the purchase of shares taking place on Dec 30 at $3.71 for some 1,347,709 shares. The transaction amount was around $5.0 million.

    Tonix Pharmaceuticals Holding Corp. (TNXP) Chief Executive Officer LEDERMAN SETH bought on Dec 30 a total 118,267 shares at $0.68 on average. The purchase cost the insider an estimated $23,800.

    Important Earnings

    Top US earnings releases scheduled for today include The Simply Good Foods Company (NASDAQ:SMPL). It will announce its Nov 2020 financial results. The company is expected to report earnings of $0.21 per share from revenues of $209.72M in the three-month period.

    Analysts expect The Greenbrier Companies Inc. (NYSE:GBX) to report a net income (adjusted) of -$0.07 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Nov 2020 is predicted to come in at $481.03M.

    Resources Connection Inc. (RGP), due to announce earnings after the market closes today, is expected to report earnings of $0.19 per share from revenues of $153.32M recently concluded three-month period.

  • Here’s Top 20 Stocks In Semiconductors Industry That Are Worth Buying

    Here’s Top 20 Stocks In Semiconductors Industry That Are Worth Buying

    The semiconductor industry is the collection of all those companies which are engaged in the manufacturing and design of semiconductors. Semiconductors are important components of electronic devices. There is no doubt in this fact that in the time of economic prosperity the chip sector prospers, thanks to increased spending on the corporate and consumer sides. While in the period of economic downturn, as corporate information technology budgets are diminished and consumers temporarily stopped the purchasing of the latest gadgets.

    In the semiconductor industry competition is intense and there is a need that the companies should focus on the new strategies. This industry is considered to be the largest contributor to global technological developments. We are entering into the new world of 5G technology so it is projected that the global semiconductor industry is going to bear a huge impact. Similarly, the use of AI is in the semiconductor industry is the major trend of this industry.

    Here are to 20 best companies in the semiconductor industry that are following new trends and are adopting new technologies:

    Analog devises Inc. (NASDAQ: ADI)

    Analog devises Inc. (NASDAQ: ADI) last closed at $116.60, in a 52-week range of $79.07 to $127.39. Analysts have a consensus price target of $138.16. Analog devises Inc. (ADI) has earlier disclosed its strategic partnership with Microsoft Corp.  The company aimed to get the maximum benefits of  Microsoft’s 3D time-of-flight (ToF) sensor technology which allows customers to easily create high-performance 3D applications that bring higher degrees of depth accuracy and work regardless of the environmental conditions in the scene. Analog devises Inc.’s market cap has remained high, hitting $44.97 billion at the time of writing.

    Advanced Micro Devices Inc. (NASDAQ: AMD)

    Advanced Micro Devices Inc. (NASDAQ: AMD) stock soar by 5.32% to $86.15. The most recent rating by Northland Capital, on August 24, 2020, is at a Market perform. Penguin Computing, a subsidiary of SMART Global Holdings, Inc. (NASDAQ: SGH) earlier disclosed that it has expanded its collaboration with technology partners Advanced Micro Devices Inc. (AMD) to deliver HPC capabilities to speed up medical research and participate to a greater understanding of the novel coronavirus.

    Alpha and Omega Semiconductor Limited (NASDAQ: AOSL)

    Alpha and Omega Semiconductor Limited (NASDAQ: AOSL) rose 17.67% after gaining more than $2.31 on Monday. Alpha and Omega Semiconductor Limited (AOSL) has disclosed that it is updating its financial guidance for the fiscal first quarter ended September 30, 2020. The Company now anticipates revenue for the fiscal first quarter to be between $148 million and $152 million. This exceeds prior guidance of quarterly revenue of $134 million to $138 million and represents 25.6% to 29.0% year-over-year growth.

    Broadcom Inc. (NASDAQ: AVGO)

    Broadcom Inc. (NASDAQ: AVGO) stock soar by 2.60% to $366.10. The most recent rating by Cowen, on September 04, 2020, is at a Market perform. Broadcom Inc. (AVGO) is preparing for a settlement that could end a European Union probe into contracts compelling set-top box makers to use its chips, according to a person familiar with the matter. This company had recorded a trading volume of 1.89 million as compared to the average volume of 1.89 million.

    CEVA Inc. (NASDAQ: CEVA)

    CEVA Inc. (NASDAQ: CEVA) shares headed rising, higher as much as 2.51%. The most recent rating by Cowen, on August 11, 2020, is at an Outperform. CEVA Inc. (CEVA) and VisiSonics announced earlier that the companies have collaborated closely together to develop a comprehensive 3D spatial audio solution for embedded devices, including true wireless audio (TWS) earbuds, headphones, and other wearables. Looking at its liquidity, this company has a current ratio of 7.30.

    EMCORE Corporation (NASDAQ: EMKR)

    EMCORE Corporation (NASDAQ: EMKR) rose 1.23% after gaining more than $0.04 on Monday. EMCORE Corporation (EMKR) a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, disclosed previously it has launched the Model 1790 1550 nm High-Power Laser Module for LiDAR (Light Detection and Ranging) and Optical Sensing.

    Himax Technologies Inc. (NASDAQ: HIMX)

    Himax Technologies Inc. (NASDAQ: HIMX) Shares headed falling, lower as much as -0.29%. The most recent rating by Credit Suisse, on April 01, 2020, is at an Outperform. Himax Technologies Inc. (HIMX) has today announced the financial results for the three months ended September 30th, 2020. The third-quarter revenues, gross margin, and EPS all exceeded the guidance issued on August 6th, 2020.  Revenues were $239.9 million, an increase of 28.3% sequentially versus the guidance of an increase of around 20% sequentially. This represents an increase of 46.1% year-over-year.

    Intel Corporation (NASDAQ: INTC)

    Intel Corporation (NASDAQ: INTC) last closed at $51.69, in a 52-week range of $43.63 to $69.29. Analysts have a consensus price target of $56.50. Intel Corporation (INTC) has revealed that it has entered into a three-year agreement with Sandia National Laboratories (Sandia) to explore the value of neuromorphic computing for scaled-up computational problems. Sandia will start its research using a 50-million neuron Loihi-based system that was delivered to its facility in Albuquerque, New Mexico.

    Inphi Corporation (NYSE: IPHI)

    Inphi Corporation (NYSE: IPHI) Shares headed rising, higher as much as 4.40%. The most recent rating by Northland Capital, on August 05, 2020, is at a Market perform. Inphi Corporation (IPHI) announced that it will voluntarily transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Global Select Market (NASDAQ). The Company will retain the “IPHI” ticker with trading on the Nasdaq expected to begin on October 14, 2020.

    Applied Optoelectronics Inc. (NASDAQ: AAOI)

    Applied Optoelectronics Inc. (NASDAQ: AAOI) shares were trading up 1.41% at $11.49 at the time of writing on Monday. Applied Optoelectronics Inc. (NASDAQ: AAOI) share price went from a low point around $5.00 to briefly over $17.57 in the past 52 weeks, though shares have since pulled back to $11.49. AAOI market cap has remained high, hitting $259.10M at the time of writing, giving it a price-to-sales ratio of more than 1.  If we look at the recent analyst rating AAOI, Craig Hallum upgraded coverage on AAOI shares with a Hold rating and a $17.14 price target, which implies room for 5.65% upside momentum this year.

    Amkor Technology Inc. (NASDAQ: AMKR) 

    Amkor Technology Inc. (NASDAQ: AMKR) shares headed rising, higher as much as 3.05%. The most recent rating by Credit Suisse, on September 14, 2020, is at an Outperform. Amkor Technology Inc. (AMKR) shares have fluctuated between the 52-weeks low range of $5.40 and a high range of $15.80. It has moved up 112.78% from its 52-weeks low and moved down -27.28% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 1.80.

    ASE Technology Holding Co. Ltd. (ASX)

    ASE Technology Holding Co. Ltd. (ASX) last closed at $4.14, in a 52-week range of $3.17 to $5.70. Analysts have a consensus price target of $6.01. ASE Technology Holding Co. Ltd. (ASX) has moved up 30.60% from its 52-weeks low and moved down -27.37% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 1.20. ASX market cap has remained high, hitting $9.10 Billion at the time of writing.

    Cree Inc. (NASDAQ: CREE)

    Cree Inc. (NASDAQ: CREE) rose 3.48% after gaining more than $2.23 on Monday. Cree Inc. (CREE) shares have fluctuated between the 52-weeks low range of $27.77 and a high range of $74.72. It has moved up 138.75% from its 52-weeks low and moved down -11.27% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 5.50.

    Cirrus Logic Inc. (NASDAQ: CRUS)

    Cirrus Logic Inc. (CRUS) last closed at $69.76, in a 52-week range of $47.04 to $91.63. Analysts have a consensus price target of $82.63. Cirrus Logic Inc. (CRUS) has moved up 48.30% from its 52-weeks low and moved down -23.87% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 4.20. CRUS market cap has remained high, hitting $4.17 Billion at the time of writing.

    Diodes Incorporated (NASDAQ: DIOD)

    Diodes Incorporated (NASDAQ: DIOD) stock soar by 2.63% to $59.30. The most recent rating by Cowen, on August 07, 2020, is at an Outperform. Diodes Incorporated (DIOD) share price went from a low point around $31.51 to briefly over $59.70 in the past 52 weeks, though shares have since pulled back to $59.30. DIOD market cap has remained high, hitting $3.14 Billion at the time of writing.

    DSP Group Inc. (NASDAQ: DSPG)

    DSP Group Inc. (NASDAQ: DSPG) shares headed rising, higher as much as 4.13%. The most recent rating by Cowen, on February 04, 2020, is at an Outperform. DSP Group Inc. (DSPG) shares have fluctuated between the 52-weeks low range of $10.26 and a high range of $18.77. It has moved up 32.85% from its 52-weeks low and moved down -27.38% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 4.00.

    FormFactor Inc. (NASDAQ: FORM)

    FormFactor Inc. (FORM) last closed at $26.07, in a 52-week range of $16.35 to $33.07. Analysts have a consensus price target of $35.29. FormFactor Inc. (FORM) has moved up 59.45% from its 52-weeks low and moved down -21.17% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 3.70. FORM market cap has remained high, hitting $2.06 Billion at the time of writing.

    GSI Technology Inc. (NASDAQ: GSIT)

    GSI Technology Inc. (NASDAQ: GSIT) stock soar by 5.36% to $5.90. The most recent rating by Needham, on October 28, 2011, is at a Hold. GSI Technology Inc. (GSIT) shares have fluctuated between the 52-weeks low range of $4.75 and a high range of $8.74. It has moved up 24.21% from its 52-weeks low and moved down -32.49% from its 52-weeks high. Looking at its liquidity, this company has a current ratio of 9.90.

    ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS)

    ChipMOS TECHNOLOGIES INC. (NASDAQ: IMOS) rose 1.10% after gaining more than $0.21 on Monday. ChipMOS TECHNOLOGIES INC. (IMOS) share price went from a low point around $15.00 to briefly over $24.83 in the past 52 weeks, though shares have since pulled back to $19.51. IMOS market cap has remained high, hitting $723.83 million at the time of writing.

    inTEST Corporation (AMEX: INTT)

    inTEST Corporation (AMEX: INTT) stock soar by 0.44% to $4.56. The most recent rating by Lake Street, on February 08, 2019, is at a Buy. inTEST Corporation (INTT) market cap has remained high, hitting $49.93 million at the time of writing.