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Technical Reports on Semiconductor Equities -- Applied Optoelectronics, Analog Devices, AXT Inc., and Semtech
[October 31, 2017]

Technical Reports on Semiconductor Equities -- Applied Optoelectronics, Analog Devices, AXT Inc., and Semtech


NEW YORK, October 31, 2017 /PRNewswire/ --

If you want a Stock Review on AAOI, ADI, AXTI, or SMTC then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On October 30th, 2017, the Semiconductor Industry Association announced that worldwide sales of semiconductors reached $107.9 billion for Q3 2017, marking the industry's highest-ever quarterly sales. Today, DailyStockTracker.com has selected four Semiconductor Integrated Circuits companies for review: Applied Optoelectronics Inc. (NASDAQ: AAOI), Analog Devices Inc. (NASDAQ: ADI), AXT Inc. (NASDAQ: AXTI), and Semtech Corp. (NASDAQ: SMTC). Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:

http://dailystocktracker.com/register/

Applied Optoelectronics 

On Monday, shares in Sugar Land, Texas headquartered Applied Optoelectronics Inc.  jumped 7.26%, ending the day at $42.12. The stock recorded a trading volume of 1.85 million shares. The Company's shares have surged 79.69% since the start of this year. The stock is trading below its 50-day moving average by 25.86%. Moreover, shares of Applied Optoelectronics, which designs, manufactures, and sells fiber-optic networking products primarily for Internet data center, CATV, and fiber-to-the-home networking end-markets, have a Relative Strength Index (RSI) of 33.94.

On October 13th, 2017, research firm Needham reiterated its 'Strong Buy' rating on the Company's stock with a decrease of the target price from $115 a share to $75 a share.

On October 13th, 2017, Applied Optoelectronics announced that it will release financial results for its Q3 ended September 30th, 2017 on November 07th, 2017. The Company will host a conference call and webcast at 4:30 p.m. ET that same day to discuss the results. A live webcast of the conference call and supplemental financials will be accessible via the Company's investor website. AAOI complete research report is just a click away at:

http://dailystocktracker.com/registration/?symbol=AAOI


Analog Devices 

Shares in Norwood, Massachusetts headquartered Analog Devices Inc. ended the day 0.12% higher at $91.32 with a total trading volume of 1.25 million shares. In the last month and the previous three months, the stock has gained 5.98% and 15.67%, respectively. Additionally, the Company's shares have advanced 25.75% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.64% and 13.08%, respectively. Furthermore, shares of Analog Devices, which designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits, algorithms, software, and subsystems, have an RSI of 74.44.  

On October 30th, 2017, Analog Devices announced a strategic relationship with China Mobile IoT, a wholly owned subsidiary of China Mobile Communications Corporation, one of the world's largest telecommunications companies. At a ceremony in Chongqing, China, the companies signed a Memorandum of Understanding, communicating their shared commitment to advancing Internet-connected applications aroun the world. The complimentary report on ADI can be downloaded at:



http://dailystocktracker.com/registration/?symbol=ADI


AXT Inc. 


At the close of trading on Monday, shares in Fremont, California headquartered AXT Inc. finished 3.95% lower at $9.13 with a total trading volume of 349,346 shares. The stock has surged 90.10% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 6.44% and 27.47%, respectively. Additionally, shares of AXT Inc., which designs, develops, manufactures, and distributes compound and single element semiconductor substrates, have an RSI of 53.36.  

On October 25th, 2017, AXT Inc. reported financial results for Q3 ended September 30th, 2017. For Q3 2017, revenue was $28.2 million; gross margin was 39.5%; and operating expenses were $5.9 million. Operating income was $5.2 million for the quarter, income tax expense was $0.2 million, and net income was $4.4 million.

On October 26th, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $10 a share to $11 a share. Sign up for your complimentary research report on AXTI at:

http://dailystocktracker.com/registration/?symbol=AXTI


Semtech 

Camarillo, California headquartered Semtech Corp.'s shares recorded a trading volume of 331,652 shares at the end of yesterday's session. The stock closed the day 1.36% lower at $39.80. The Company's shares have advanced 5.99% in the past month and 26.15% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.31% and 11.16%, respectively. Additionally, shares of Semtech, which designs, develops, manufactures, and markets analog and mixed-signal semiconductor products, have an RSI of 60.27.

On October 26th, 2017, Semtech announced a picocell gateway dongle, incorporating its LoRa® devices and wireless RF technology (LoRa Technology) that includes Linux utilities and Microsoft® Windows support and the availability of a free, non-commercial, LoRaWAN™ network server demonstration platform. The new tools will assist low-power, wide-area network applications developers, who want to rapidly prototype and demonstrate their Internet of Things product ideas based on LoRa Technology. Get free access to your research report on SMTC at:

http://dailystocktracker.com/registration/?symbol=SMTC

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