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Today's Research Reports on Trending Tickers: Lam Research and Teradyne

NEW YORK, NY / ACCESSWIRE / January 24, 2019 / U.S. equities regained its footing on Wednesday on the back of strong corporate earnings. Overall profits of the companies who have reported quarterly results so far have risen by approximately by 13.2 percent. The Dow Jones Industrial Average closed up by 0.7 percent to settle at 24,575.62, supported by strong quarterly earnings from Procter & Gamble, IBM and United Technologies, while the S&P 500 climbed 0.22 percent to close at 2,638.70. The Nasdaq barely moved by 0.08 percent higher to close at 7,025.77.

"Ultimately, when you look at the data, the thing that matters most to the market is earnings," said the founder of Zoe Financial, Andres Garcia-Amaya. "I would say the technology sector is one that could make or break the story for equities. If you look at margins for the sector versus the other sectors, it's by far the largest," he added.

The Market Wealth Report Initiates Coverage on:

Lam Research Corporation
https://marketwealthreport.com/report/LRCX/

Teradyne, Inc.
https://marketwealthreport.com/report/TER/

Lam Research’s stock moved 0.4% lower Wednesday, to close the day at $139.33. The stock recorded a trading volume of 2,433,211 shares, which was below its three months average volume of 2,814,593 shares. In the last year, Lam Research’s shares have traded in a range of 122.64 - 234.88. The share price has gained 13.61% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $138.41 is below its 200-day moving average of $154.95. Shares of the company are trading at a Price to Earnings ratio of 10.56. Shares of Lam Research have gained roughly 13.02 percent in the past month and are up 2.32 percent year-to-date.

Access The Market Wealth's Lam Research Corporation Research Report:
https://marketwealthreport.com/report/LRCX/

On Wednesday, shares of Teradyne recorded a trading volume of 3,989,629 shares, which was above the three months average volume of 2,782,170 shares. The stock ended the day 0.41% higher at $31.93. The share price has fallen 37% from its 52 week high with a 52 week trading range of 28.73 - 50.68. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $31.74 is below its 200-day moving average of $36.49. Shares of the company are trading at a Price to Earnings ratio of 31.30. Shares of Teradyne have gained roughly 10.33 percent in the past month and are up 1.75 percent year-to-date.

Access The Market Wealth's Teradyne, Inc. Research Report:
https://marketwealthreport.com/report/TER/

Our Actionable Research on Lam Research Corporation (NASDAQ:LRCX) and Teradyne, Inc. (NASDAQ:TER) can be downloaded free of charge at The Market Wealth Report.

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SOURCE: The Market Wealth Report