TMCnet News

Semiconductor Stocks Under Review -- Applied Materials, Oclaro, Lam Research, and KLA-Tencor
[December 09, 2016]

Semiconductor Stocks Under Review -- Applied Materials, Oclaro, Lam Research, and KLA-Tencor


NEW YORK, December 9, 2016 /PRNewswire/ --

Today, Stock-Callers.com navigates the US Semiconductor Equipment and Materials space, which accounts for 47% of shares in the world market and is the leading provider of semiconductors globally. As per Industry & Analysis' "2016 Top Markets Report Semiconductors and Related Equipment," projections of semiconductor fabrication and manufacturing facility equipment sales from 2016 to 2017 show a 13.2% growth, or an estimated $42.8 billion, in the world market to be driven by equipment for foundries, and for memory and power semiconductor manufacturing. Up for review today are the following equities: Applied Materials Inc. (NASDAQ: AMAT), Oclaro Inc. (NASDAQ: OCLR), Lam Research Corp. (NASDAQ: LRCX), and KLA-Tencor Corp. (NASDAQ: KLAC). Learn more about these stocks by downloading their free research reports in PDF format at: http://stock-callers.com/registration

Applied Materials  

On Thursday, shares in California headquartered Applied Materials Inc. recorded a trading volume of 10.13 million shares. The stock ended at $32.71, rising 0.62% from the last trading session. The Company's shares have gained 11.20% in the last one month, 13.70% over the previous three months, and 78.10% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 10.42% and 29.31%, respectively. Furthermore, shares of Applied Materials have a Relative Strength Index (RSI) of 66.51.

On December 01st, 2016, Applied Materials announced that its Board of Directors has approved a quarterly cash dividend of $0.10 per share payable on its common stock. The dividend is payable on March 15th, 2017 to shareholders of record as of February 22nd, 2017. Sign up and read the free research report on AMAT at: http://stock-callers.com/registration/?symbol=AMAT

Oclaro  

California headquartered Oclaro Inc.'s stock finished yesterday's session 6.79% higher at $9.12. A total volume of 6.40 million shares was traded, which was above their three months average volume of 4.92 million shares. The Company's shares have gained 3.99% in the last one month, 11.22% over the previous three months, and 162.07% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.04% and 42.32%, respectively. Furthermore, shares of Oclaro have an RSI of 55.33.

On November 01st, Oclaro reported revenues of $135.5 million for Q1 FY17 compared to revenues of $87.6 million in Q1 FY16. The company's GAAP net income for Q1 FY17 was $3.4 million compared to a GAAP net loss of $3.5 million in Q1 FY16. The complimentary research report on OCLR can be downloaded at: http://stock-callers.com/registration/?symbol=OCLR

Lam Research  

At the closing bell on Thursday, shares in Fremont, California headquartered Lam Research Corp. climbed 0.56%, ending the day at $107.15. The stock recorded a trading volume of 1.26 million shares. The Company's shares have advanced 8.10% in the last one month, 17.90% in the previous three months, and 36.40% o an YTD basis. The stock is trading 7.59% above its 50-day moving average and 22.25% above its 200-day moving average. Moreover, shares of Lam Research have an RSI of 60.73.



On November 18th, 2016, Lam Research announced that its Board of Directors has approved a $1 billion share repurchase authorization, with execution planned over the next 12 to 18 months; and a 50% increase of its quarterly dividend. The increased dividend payment has been declared and will be made on January 04th, 2017, to holders of record on December 14th, 2016.  

On November 21st, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $110 a share to $116 a share. Register for free on Stock-Callers.com and access the latest report on LRCX at: http://stock-callers.com/registration/?symbol=LRCX


KLA-Tencor  

KLA-Tencor Corp.'s stock ended the day 0.52% lower at $78.85 with a total trading volume of 1.03 million shares. The Company's shares have gained 5.15% in the last month, 14.39% over the previous three months, and 17.20% on an YTD basis. The stock is trading 5.31% above its 50-day moving average and 10.22% above its 200-day moving average. Additionally, shares of KLA-Tencor have an RSI of 54.95.

As per a SEC filing dated December 05th, 2016, KLA-Tencor implemented certain organizational changes on December 01st, 2016, that affected the duties and responsibilities of certain of its named executive officers. Michael Kirk will remain an Executive VP, and will assume the leadership role for the Company's strategic business development, transitioning from his role overseeing the Company's former Wafer Inspection Division. Bobby Bell will remain an Executive VP, moving from his role managing strategic projects to driving growth and execution of the newly created Semiconductor Business Organization - comprised of the Company's Global Customer Solutions Group, the Global Customer Organization and the Global Products Group. Ahmad Khan will remain an Executive VP, and will now lead the Global Products Group, transitioning from his former role managing the Patterning Division. Get free access to your research report on KLAC at: http://stock-callers.com/registration/?symbol=KLAC

--

Stock Callers: 

Stock Callers (SC) 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. SC 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. 

SC 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 [email protected]. 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 SC. SC 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 

SC, 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. SC, 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, SC, 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 SC 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 http://stock-callers.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: [email protected]
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

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

SOURCE Chelmsford Park SA


[ Back To TMCnet.com's Homepage ]