Wall Street Fundamentals Releases New In-Depth Stock Reports on ADBE, DELL, MU and NVDA


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Companies Mentioned

NASDAQ:ADBE / NASDAQ:DELL / NASDAQ:MU / NASDAQ:NVDA
07/29/2013 [ACCESSWIRE]

Just over 50 percent of the S&P 500 index has reported earnings so far. According to data from S&P Capital IQ, the S&P 500 Index is forecasted to report a 4.5 percent growth in earnings for the April-June quarter, which is down from 5.2 percent in the Jan-Mar quarter. Earnings for companies in the technology sector are expected to shrink by 5 percent in the April-June quarter." Technology companies are where we've seen some of the biggest disappointments in terms of earnings," said Kate Warne, an investment strategist at Edward Jones. "The older technology companies have been a bit slow to move to newer areas."

Adobe Systems Inc. (NASDAQ: ADBE) shares traded in the range of $47.40 to $47.86 Friday before settling to close at $47.64, a decrease of 0.31 percent. The stock appears to be facing some resistance at the $48.39 and $49.81 levels with some support at $47.45. Shares of Adobe Systems have gained approximately 26.0 percent year-to-date.

More information on Adobe Systems and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/ADBE

Dell Inc. (NASDAQ: DELL) shares traded in the range of $12.90 to $12.97 Friday before settling to close at $12.94, a decrease of 0.31 percent. The stock appears to be facing some resistance at the $12.96 and $13.09 levels with some support at $12.80. Shares of Dell have gained approximately 27.6 percent year-to-date.

More information on Dell and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/DELL

Micron Technology, Inc. (NASDAQ: MU) shares traded in the range of $12.51 to $13.10 Friday before settling to close at $12.59, a decrease of 5.27 percent. The stock appears to be facing some resistance at the $12.64 and $13.31 levels with some support at $10.73. Shares of Micron Technology have nearly doubled this year.

More information on Micron Technology and access to the free equity report can be found at: 
www.WallStreetFundamentals.com/MU

NVIDIA Corporation (NASDAQ: NVDA) shares traded in the range of $14.09 to $14.28 Friday before settling to close at $14.20, a decrease of 0.42 percent. The stock appears to be facing some resistance at the $14.32 and $14.69 levels with some support at $14.00. Shares of NVIDIA have gained approximately 15.8 percent year-to-date.

More information on NVIDIA and access to the free equity report can be found at:       
www.WallStreetFundamentals.com/NVDA

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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.

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Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com

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