Morning Technical Insight on These Semiconductor Stocks -- Micron Technology, Netlist, Rambus, and SemiLEDs

NEW YORK, Feb. 26, 2018 /PRNewswire/ --

WallStEquities.com strives to bring the best free research to the investment community.  Today we are offering reports on MU, NLST, RMBS, and LEDS which can be accessed for free by signing up to www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on Micron Technology Inc. (NASDAQ: MU), Netlist Inc. (NASDAQ: NLST), Rambus Inc. (NASDAQ: RMBS), and SemiLEDs Corp. (NASDAQ: LEDS). Companies in the Semiconductor Memory Chips space design, develop, and sell microprocessors and related technology and software to enterprises for use as parts in consumer and enterprise computing products. All you have to do is sign up today for this free limited time offer by clicking the link below. www.wallstequities.com/registration

Micron Technology

Shares in Boise, Idaho headquartered Micron Technology Inc. ended Friday's session 5.15% higher at $46.53. A total volume of 48.36 million shares was traded, which was above their three months average volume of 42.82 million shares. The stock has advanced 8.01% in the last month and 98.17% over the past year. The Company's shares are trading 7.82% above their 50-day moving average and 25.51% above their 200-day moving average. Moreover, shares of Micron Technology, which provides semiconductor systems worldwide, have a Relative Strength Index (RSI) of 61.01. 

On February 06th, 2018, research firm Needham upgraded the Company's stock rating from 'Buy' to 'Strong Buy', with a target price of $76 per share.

On February 07th, 2018, Micron Technology announced that its executives will present at the Morgan Stanley Technology, Media and Telecom Conference on February 27th, 2018, at 10:15 a.m. PST in San Francisco. The live webcast of the presentation can be accessed on the Company's Investor Relations website. Get the full research report on MU for free by clicking below at: www.wallstequities.com/registration/?symbol=MU

Netlist

Irvine, California headquartered Netlist Inc.'s shares plummeted 7.24%, closing the day at $0.31. A total volume of 1.18 million shares was traded. The stock is trading 4.27% below its 50-day moving average. Additionally, shares of Netlist, which designs, manufactures, and sells modular memory subsystems for the server, high-performance computing, and communications markets worldwide, have an RSI of 50.65. To experience our free membership services anytime/ anywhere and access the free report on NLST, click to register at: www.wallstequities.com/registration/?symbol=NLST

Rambus

Last Friday, shares in Sunnyvale, California headquartered Rambus Inc. gained 2.33%, closing the session at $12.71. The stock recorded a trading volume of 1.01 million shares, which was higher than its three months average volume of 925,040 shares. The Company's shares have advanced 1.19% over the past year. The stock is trading 4.21% below its 200-day moving average. Furthermore, shares of Rambus, which manufactures and sells semiconductor products in South Korea and internationally, have an RSI of 46.50.  

On January 30th, 2018, research firm The Benchmark Company reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $16 a share to $18 a share.

On February 22nd, 2018, Rambus announced that Rahul Mathur, CFO, will discuss the Company's business and strategic outlook at the following investor events: (i) the 2018 Morgan Stanley Technology, Media & Telecom Conference on March 01st, 2018, at 9:35 a.m. PT in San Francisco, California; and (ii) the 30th Annual ROTH Conference on March 13th, 2018, at 12:00 p.m. PT in Dana Point, California. A webcast of the presentations will be available on the Company's Investor Relations website. Join our big investor community at Wall St. Equities today and get your free report on RMBS at: www.wallstequities.com/registration/?symbol=RMBS

SemiLEDs

Chunan, Taiwan headquartered SemiLEDs Corp.'s stock finished the session 0.94% higher at $4.28 with a total trading volume of 92,590 shares. The Company's shares have advanced 30.49% over the past year. The stock is trading above its 50-day and 200-day moving averages by 1.15% and 41.14%, respectively. Additionally, shares of SemiLEDs, which develops, manufactures, and sells LED chips and LED components in the US, Taiwan, the Netherlands, France, China, Germany, Hong Kong, and internationally, have an RSI of 52.35.  Know more about LEDS in our free research coverage at: www.wallstequities.com/registration/?symbol=LEDS

Wall St. Equities:

Wall St. Equities (WSE) 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. WSE 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. 

WSE 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@wallstequities.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 WSE. WSE 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

WSE, 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. WSE, 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, WSE, 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 WSE 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 https://wallstequities.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@wallstequities.com
Phone number: +21-32-044-483
Office Address: 1 Scotts Road #24-10, Shaw Center Singapore 228

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

 

Cision View original content:http://www.prnewswire.com/news-releases/morning-technical-insight-on-these-semiconductor-stocks----micron-technology-netlist-rambus-and-semileds-300603892.html

SOURCE Wall St. Equities

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.