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 01^st, 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 15^th, 2017 to shareholders of record as of February 22^nd, 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 01^st, 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% on 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 18^th, 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 04^th, 2017, to holders of record on December 14^th, 2016.  

On November 21^st, 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 05^th, 2016, KLA-Tencor implemented certain organizational changes on December 01^st, 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

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