Advertisement
U.S. markets closed
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • Dow 30

    39,807.37
    +47.29 (+0.12%)
     
  • Nasdaq

    16,379.46
    -20.06 (-0.12%)
     
  • Russell 2000

    2,124.55
    +10.20 (+0.48%)
     
  • Crude Oil

    83.11
    +1.76 (+2.16%)
     
  • Gold

    2,254.80
    +42.10 (+1.90%)
     
  • Silver

    25.10
    +0.35 (+1.41%)
     
  • EUR/USD

    1.0792
    -0.0037 (-0.35%)
     
  • 10-Yr Bond

    4.2060
    +0.0100 (+0.24%)
     
  • GBP/USD

    1.2623
    -0.0015 (-0.12%)
     
  • USD/JPY

    151.3670
    +0.1210 (+0.08%)
     
  • Bitcoin USD

    70,771.84
    +1,756.59 (+2.55%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Today’s Research Reports on Trending Tickers: Applied Materials and Advanced Micro Devices

NEW YORK, NY / ACCESSWIRE / April 18, 2018 / Markets continued to rise on Tuesday as investor focus continues to shift from geopolitical concerns to strong corporate earnings from major U.S. companies. The Dow Jones Industrial Average rose 0.87 percent to close at 24,786.63, while the S&P 500 Index jumped 1.07 percent to close 2,706.39, with all 11 S&P 500 sectors posting gains. The tech-heavy Nasdaq Composite Index spiked 1.74 percent to close at 7,281.10, as Netflix soared 9.19 percent on better-than-expected subscriber growth.

"Even though we this quarter had been marked by considerably high expectations, both earnings and revenue are coming in ahead of expectations. This is just what the doctor ordered to divert our attention from the uncertainty of geopolitical issues," said Mark Luschini, chief investment strategist at Janney Montgomery Scott, according to MarketWatch.

RDI Initiates Coverage on:

Applied Materials, Inc.
https://rdinvesting.com/news/?ticker=AMAT

Advanced Micro Devices, Inc.
https://rdinvesting.com/news/?ticker=AMD

Applied Materials' stock moved 1.74% higher Tuesday, to close the day at $57.86. The stock recorded a trading volume of 9,097,965 shares, which was below its three months average volume of 15,038,558 shares. In the last year, Applied Materials' shares have traded in a range of 37.60 - 62.40. The share price has gained 53.88% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $57.30 is greater than its 200-day moving average of $54.87. Shares of the company are trading at a Price to Earnings ratio of 21.78. Shares of Applied Materials have fallen roughly 2.66 percent in the past month and are up 13.18 percent year-to-date.

Access RDI's Applied Materials, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMAT

On Tuesday, shares of Advanced Micro Devices recorded a trading volume of 37,948,050 shares, which was below the three months average volume of 60,876,845 shares. The stock ended the day 4.26% higher at 10.52. The share price has gained 16.37% from its 52 week low with a 52 week trading range of 9.04 - 15.65. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $10.90 is below its 200-day moving average of $11.62. Shares of the company are trading at a Price to Earnings ratio of 263.00. Shares of Advanced Micro Devices have fallen roughly 8.28 percent in the past month and are up 2.33 percent year-to-date.

Access RDI's Advanced Micro Devices, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=AMD

Our Actionable Research on Applied Materials, Inc. (NASDAQ :AMAT) and Advanced Micro Devices, Inc. (NASDAQ :AMD) can be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

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

SOURCE: RDInvesting.com

Advertisement