Semiconductor Equipment

ProShares UltraShort Semiconductors(ETF) (NYSE: SSG) is trading on the upside today because of the weakness of the Dow Jones U.S. Semiconductors Index, whose components, among others, include Intel Corporation (NASDAQ: INTC), Texas Instruments Incorporated (NYSE: TXN) and Applied Materials, Inc. (...

Citigroup downgraded KLA-Tencor (NASDAQ: KLAC) from “hold” to “sell.” The target price has been reduced from $35 to $27. Citigroup downgraded KLAC on threat of a correction in the semi equipment group. More Analyst Ratings here

Citigroup downgraded Novellus Systems (NASDAQ: NVLS) from “buy” to “hold.” According to Citigroup, there is a high possibility of a correction in the semi equipment group. NVLS’s shares have lost 1.04% to $21.90 in pre-market trading. The target price has been reduced from $27 to $25. More...

Citigroup downgraded Advanced Energy (NASDAQ: AEIS) from “hold” to “sell.” According to Citigroup, there is a high possibility of a correction in the semi equipment group. AEIS’ 52-week trading range is $5.36-$16.82. The company was trading at $15.62 at yesterday’s close. Citigroup has set a...

Citigroup downgraded Applied Materials (NASDAQ: AMAT) from “buy” to “hold.” Citigroup believes that there is a high possibility of a correction in the semi equipment group. AMAT’s 52-week trading range is $8.19-$14.94. The company closed the day yesterday at $13.58. Citigroup has reduced its...

Stratasys Inc (NASDAQ: SSYS) shares have jumped 38.27% to $25.76. The volume of SSYS shares traded was 2452% higher than normal. SSYS has signed a definitive agreement with Hewlett-Packard (NYSE: HPQ) to manufacture an exclusive line of 3D printers. Read more about this company here. Amtech...

With semiconductor industry major Intel (NASDAQ: INTC) announcing its capex guidance for 2010, a number of related companies are expected to benefit from their exposure to Intel. Bank Of America (NYSE: BAC) reports that semicap companies like Applied Materials (NASDAQ: AMAT), KLA-Tencor (NASDAQ:...

With the major indices ticking slightly higher Wednesday, there were many stocks which broke out to the upside on BIG volume. If this is your first time reading one of my breakout reports you'll want to read the section below, however if you are familiar with my daily breakout report you should...

Xyratex Ltd (NASDAQ: XRTX) shares climbed 6.82% to $16.29. The volume of XRTX shares traded was 895% higher than normal. The data storage company announced Q4 profits and an optimistic guidance for 1Q10. Amtech Systems Inc (NASDAQ: ASYS) shares jumped 13.77% to $11.98. The volume of ASYS shares...

Goldman Sachs rates the stocks of Accenture (NYSE: ACN), Citrix (NASDAQ: CTXS), CommVault (NASDAQ: CVLT), EMC (NYSE: EMC), Juniper (NASDAQ: JNPR), Lam Research (NASDAQ: LRCX), and Teradyne (NYSE: TER) as “Conviction List Buy” and considers them the top picks in the tech sector for 2010. Goldman...

Taking big losses over the span of one day is survivable. Taking big losses on high volume, however, may be a problem.... pointing to a major shift in the market's underlying opinion of a stock. Here are Tuesday's losers with selloffs made on much higher than average volume. Multi-Fineline...

Analysts at UBS upgrade LAM Research Corp (NASDAQ: LRCX) from "neutral" to "buy," while raising their estimates for the company. The target price for LRCX has been raised from $40 to $46. According to UBS, LAM Research is likely to have been benefiting from increasing capex spending from its...

Lam Research Corporation (NASDAQ: LRCX) was today upgraded by UBS from Neutral to Buy. Lam Research is now trading at $41.24, 2.21% up. LRCX gained over 53% in the last six months. LRCX closed at $40.35 in the last trading session. Extra Space Storage, Inc. (NYSE: EXR) climbed 28% to $14.79 in the...

Associated Banc-Corp (NASDAQ: ASBC) decreased $0.75 or 6.08% to $11.59 after Associated Banc-Corp reported a fourth-quarter net loss of $180.6 million, or $1.41 per share, as against a net income of $13.6 million, or $0.11 a share, from the same quarter last year. The 52-week trading range for ASBC...

Analysts at FBR Capital Markets (NASDAQ: FBCM) have upgraded Teradyne Inc. (NYSE: TER) from Market Perform to Outperform. According to analysts at FBR Capital Markets, Teradyne Inc. will benefit from the semiconductor test equipment cycle and therefore they have upgraded the stock of Teradyne Inc...