StockCall.com Provides Stock Research on Marvell Technology Group Ltd., Broadcom Corp., Taiwan Semiconductor Manufacturing Co. Ltd., PMC-Sierra Inc., and Applied Micro Circuits Corp.
New York City, New York -- (June 14, 2013)
The World Semiconductor Trade Statistics (WSTS) expects the world semiconductor market to grow 2.1% in 2013 after declining slightly in 2012. The WSTS expects a gradual recovery in the market throughout 2013. The main driver for growth in semiconductor market will be smartphones and tablets. However, the WSTS expects product categories related to personal computing to see a decline from 2012. On Thursday, June 13, 2013, shares in semiconductor companies ended mostly higher, tracking gains in the broader market. The major movers includedMarvell Technology Group Ltd (NASDAQ: MRVL), Broadcom Corp. (NASDAQ: BRCM), Taiwan Semiconductor Mfg. Co. Ltd (NYSE: TSM), PMC-Sierra Inc. (NASDAQ: PMCS), and Applied Micro Circuits Corp (NASDAQ: AMCC). StockCall has issued technical analysis and charting reports on MRVL, BRCM, TSM, PMCS, and AMCC. Download these free reports now at
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Shares in Marvell Technology Group Ltd showed mild gains on Thursday, rising 0.64% to close at $11.03. Throughout the day, the stock oscillated between $10.88 and $11.09, and a total of 6.07 million shares were traded. Its average daily trading volume stands at 8.07 million. Over the past five trading days, the stock gained 1.71% while the markets wavered. So far this year, the share has increased 53.84%. Marvell Technology’s shares have mildly high volatility with beta of 1.22. The company commands market capitalization of $5.43 billion. Download the free research on MRVL today by registering at
www.StockCall.com/MRVL061413.pdf
Broadcom Corp.’s stock ended higher yesterday, up 0.72% at $33.54 on a total of 8.981 million shares traded. Despite the wider market swaying sideways during the past five trading sessions, the company’s shares declined 6.6%. The stock has added 3.26% so far this year. During Thursday’s session, the stock traded between $33.14 and $33.62 while its 52 weeks trading range stands at $28.60 and $37.85. Broadcom commands market capitalization of $19.15 billion, and its stock is mildly volatile as implied by its beta of 1.14. Sign up and have access to our free report on BRCM at
www.StockCall.com/BRCM061413.pdf
Taiwan Semiconductor Mfg. Co. Ltd’s stock hit an intraday low of $17.99 to finish the day 0.49% lower at $18.27. A total of 10.94 million shares were traded in comparison to its usual trading volume of 8.94 million shares. The stock is up 6.65% so far this year. In the past 52 weeks, the stock traded between $12.14 and $20.30. Taiwan Semiconductor shows mild volatility as implied by its beta of 1.02. The stock is currently trading below its 20-day moving average price of $18.88 and 50-day moving average price of $18.65. Sign up and read the complimentary report on TSM at
www.StockCall.com/TSM061413.pdf
Shares in PMC-Sierra Inc. moved higher on Thursday, tracking gains in the broader market. The stock hit an intraday high of $6.15, before finishing the day 3.72% higher at $6.14. Since the start of this year, the company’s shares have gained more than 19%, thus outperforming the S&P 500. The company’s stock currently trades above both their 20- and 50-day moving average price of $6.01 and $6.09 respectively. PMC-Sierra saw volume turnover of 940,583 shares during its most recent session. Its beta of 1.42 implies low volatility. The free report on PMCS can be downloaded by signing up now at
www.StockCall.com/PMCS061413.pdf
Applied Micro Circuits Corp.’s stock ended 3.39% higher yesterday, finishing at $7.92 with a total of 408,237 shares traded during the session. The stock’s usual trading volume stands at 451,695 shares. In the past 52 weeks, the stock vacillated between $4.28 and $9.64. Applied Micro Circuits commands a market capitalization of $535.95 million, and its stock gained 41.18 percent in the past 52 weeks. Free report on AMCC can be accessed by registering at
www.StockCall.com/AMCC061413.pdf
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