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StockCall Early Morning Insight into Broadcom, Marvell Technology, Taiwan Semiconductor Manufacturing, and PMC-Sierra

LONDON, March 8, 2013 /PRNewswire/ --

The semiconductor industry grew in 2012 despite a challenging macroeconomic environment. With the outlook for global economy improving, semiconductor companies such as Broadcom Corporation (NASDAQ: BRCM), Marvell Technology Group Ltd. (NASDAQ: MRVL), Taiwan Semiconductor Manufacturing Co. Ltd. (ADR) (NYSE: TSM) and PMC Sierra Inc. (NASDAQ: PMCS) can expect a robust year ahead. Meanwhile, the semiconductor industry is also adapting to the shift to mobile. On Thursday, semiconductor stocks ended on a mixed note despite the Dow Jones posting yet another record high finish. StockCall has issued technical analysis and charting reports on BRCM, MRVL, TSM, and PMCS. Download these free reports now at

http://www.stockcall.com/todaysopinions

Shares of Broadcom Corporation rose marginally in Thursday's trading session. The stock closed 0.09% higher at $33.67 on volume of 6.87 million. It hit an intra-day high of $33.95. Year-to-date, the stock has gained nearly 1.40%, underperforming the broad market. The stock currently trades on a P/E multiple of 27.15. It has a dividend yield of 1.31%. Broadcom's shares are currently facing resistance at around $34. The stock is presently trading slightly below its 50-day moving average. Recent volume activity suggests that market sentiment has turned bullish on the stock.  Download the free research on BRCM today by registering at

http://www.StockCall.com/BRCM030813.pdf  

Shares of Marvell Technology Group Ltd. fell in Thursday's trading session. The stock closed 0.86% lower at $10.37 on volume of 5.28 million. The semiconductor company's shares have had an excellent run so far this year. Year-to-date, the stock has gained nearly 43%, easily outperforming the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. Marvell Technology shares are currently facing resistance at around $10.50. The stock has support at around $10. Sign up and have access to our free report on MRVL at

http://www.StockCall.com/MRVL030813.pdf  

Shares of Taiwan Semiconductor Manufacturing Co. Ltd. slipped in Thursday's trading session. The stock closed 0.39% lower at $18.05 on above average volume of 12.12 million. The stock fell to an intra-day low of $17.98 in yesterday's session. The company's shares have gained more than 5% so far this year, compared to a gain of over 8.20% for the S&P 500. The stock currently trades on a P/E multiple of 17.70 and has a dividend yield of 2.22%. Taiwan Semiconductor's shares are trading above their 50-day and 200-day moving averages, which is a bullish signal. However, the MACD chart suggests that the bullish trend has come to an end. The stock is currently facing resistance at around $18.50. It has support at around $17.50. Sign up and read the complimentary report on TSM at

http://www.StockCall.com/TSM030813.pdf  

Shares of PMC-Sierra Inc. rose sharply in Thursday's trading session. The stock closed 1.07% higher at $6.63 on volume of 1.43 million. In the last three trading sessions, PMC-Sierra's shares have gained more than 3%. Year-to-date, the stock has gained more than 27%, easily outperforming the broad market. The company's shares had an excellent run in January 2013; however, the stock has traded in a very tight range in the last one month, struggling to break through $6.60 resistance level. The free report on PMCS can be downloaded by signing up now at

http://www.StockCall.com/PMCS030813.pdf  

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StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at

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SOURCE StockCall.com

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