LONDON, April 8, 2014 /PRNewswire/ --
On Monday, April 07, 2014, the NASDAQ Composite ended at 4,079.75, down 1.16%, the Dow Jones Industrial Average declined 1.02% to 16,245.87, and the S&P 500 closed at 1,845.04, down 1.08%. The losses were broad based as nine out of 10 sectors ended the session in negative. The S&P 500 Information Technology Sector Index finished the day at 582.77, down 0.75%, while the same has charted up 0.41% in the last three months. Investor-Edge has initiated coverage on the following equities: Broadcom Corp. (NASDAQ: BRCM), Marvell Technology Group Ltd (NASDAQ: MRVL), TriQuint Semiconductor Inc. (NASDAQ: TQNT) and Skyworks Solutions Inc. (NASDAQ: SWKS). Free technical research on BRCM, MRVL, TQNT and SWKS can be downloaded upon signing up at:
http://www.investor-edge.com/898-register
Broadcom Corp.'s stock recorded a trading volume of 6.14 million shares on Monday, as compared with its three month average volume of 6.64 million shares. The stock ended the day at $30.63, down 0.16%, after trading between $30.15 and $30.98. The company's shares have gained 0.20% in the last one month, 4.90% in the previous three months and 3.32% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Broadcom Corp.'s 50-day moving average of $30.44 is above its 200-day moving average of $28.73. Furthermore, shares of the company are trading at a PE ratio of 24.15 and have a Relative Strength Index (RSI) of 47.39. Sign up today to read free research on BRCM at:
http://www.investor-edge.com/898-BRCM-08Apr2014.pdf
On Monday, shares in Marvell Technology Group Ltd edged 0.82% lower to close the day at $15.81. A total of 4.82 million shares were traded which is below its three months average volume of 5.53 million shares. The company's shares oscillated between $15.75 and $16.07 during the trading session. Shares in Marvell Technology Group Ltd have declined 0.38% in the last one month, while the same has advanced 7.55% in the previous three months and 9.94% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Marvell Technology Group Ltd's 50-day moving average of $15.45 is above its 200-day moving average of $13.45. Further, the company's shares are trading at a PE ratio of 24.18 and have an RSI of 54.59. Sign up today to read free research on MRVL at:
http://www.investor-edge.com/898-MRVL-08Apr2014.pdf
Shares in TriQuint Semiconductor Inc. gained 2.04% on Monday, finishing the session at $13.01. The stock recorded a trading volume of 5.13 million shares as compared with its three months average volume of 4.67 million shares. The stock fluctuated between $12.54 and $13.16 during the session. Shares in TriQuint Semiconductor Inc. have rallied 2.28% in the last one month, 57.79% in the previous three months and 56.00% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. TriQuint Semiconductor Inc.'s 50-day moving average of $11.21 is above its 200-day moving average of $8.68. Moreover, the company's shares have an RSI of 51.75. Sign up today to read free research on TQNT at:
http://www.investor-edge.com/898-TQNT-08Apr2014.pdf
On Monday, Skyworks Solutions Inc.'s stock witnessed a trading volume of 3.54 million shares, as compared with its three month average volume of 3.58 million shares. The stock ended the day at $35.72, down 0.50%, after vacillating between $35.10 and $36.47. Shares in Skyworks Solutions Inc. have lost 2.54% in the last one month, while the same has surged 28.54% in the previous three months and 25.07% on YTD basis. The stock is trading above its 50-day and 200-day moving averages. Skyworks Solutions Inc.'s 50-day moving average of $34.41 is above its 200-day moving average of $27.68. Additionally, the company's shares are trading at a PE ratio of 21.23 and have an RSI of 46.61. Sign up today to read free research on SWKS at:
http://www.investor-edge.com/898-SWKS-08Apr2014.pdf
===============
EDITOR'S NOTES:
===============
1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.
5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-edge. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Investor-edge in this article or report according to the Procedures outlined by Investor-edge. Investor-edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Investor-edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Investor-edge is 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 by Investor-edge whatsoever for any direct, indirect or consequential loss arising from the use of this document. Investor-edge expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Investor-edge does 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Investor-Edge.com
SOURCE Investor-Edge
