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Morning Research: Microsoft Corp., Yahoo! Inc., SunPower Corp., and Finisar Corp.

Editor Note: For more information about this release, please scroll to bottom.

LONDON, October 21, 2013 /PRNewswire/ --

The U.S. equity market posted gains on Friday, October 18, 2013. All three benchmark indexes edged higher, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.65%, 0.18% and 1.32% respectively. Shares in the technology sector ended on a positive note, tracking gains in the broader market. The major movers in the sector included Microsoft Corporation (NASDAQ: MSFT), Yahoo! Inc. (NASDAQ: YHOO), SunPower Corporation (NASDAQ: SPWR), and Finisar Corporation (NASDAQ: FNSR). AAAResearchReports.com has released full comprehensive research on MSFT, YHOO, SPWR, and FNSR. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

On Friday, Microsoft Corp.'s stock edged slightly higher to end the day at $34.96, which is 0.11% higher than the previous day's closing price of $34.92. The company's shares vacillated between $34.33 and $34.99 during the trading session. A total of 41.81 million shares were traded, which is below the daily average volume of 53.58 million. The company's shares have gained 11.34% in the previous three months and 6.61% in the last one month, outperforming the S&P 500, which has gained 3.10% and 2.02% during the respective periods. Further, Microsoft Corp.'s stock is trading above its 50-day and 200-day moving averages of $32.99 and $31.42, respectively.  Download free report on MSFT upon registration at:

http://www.AAAResearchReports.com/MSFT102113.pdf

Yahoo! Inc.'s stock advanced on Friday, tracking gains in the broader market. The company's shares closed the day 2.09% higher at $33.43, after oscillating between $33.11 and $33.75 during the trading session. A total of 24.63 million shares were traded, which is above the daily average volume of 18.72 million. The company's shares have advanced 14.84% in the previous three months and 8.10% in the last one month, outperforming the S&P 500, which has gained 3.10% and 2.02% during the respective periods. Moreover, Yahoo! Inc.'s stock is trading above its 50-day and 200-day moving averages of $30.31 and $25.64, respectively. YHOO technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/YHOO102113.pdf

Shares in SunPower Corp. rallied sharply on Friday, hitting a new 52-week high of $33.61. The company's shares vacillated between $31.35 and $33.61 before finishing the day 6.27% higher at $33.57. A total of 4.16 million shares were traded, which is above the daily average volume of 3.45 million. SunPower Corp.'s shares have rallied 39.01% in the last one month and 31.60% in the previous three months, outperforming the S&P 500, which has gained 2.02% and 3.10% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $24.81 and $17.77, respectively. The free report on SPWR can be downloaded by signing up now at:

http://www.AAAResearchReports.com/SPWR102113.pdf

Finisar Corp.'s stock also rallied on Friday, hitting a new 52-week high of $26.08. The company's shares finished the day at $25.73, up 5.97% from the previous day's closing price of $24.28, after vacillating between $24.63 and $26.08. A total of 4.81 million shares were traded, which is above the daily average volume of 1.96 million. The company's stock has gained 8.52% in the previous one month and 39.23% in the last three months, compared to a gain of 2.02% and 3.10% in the S&P 500 during the respective periods. Further, Finisar Corp.'s stock is trading above its 50-day and 200-day moving averages of $22.67 and $16.96, respectively. A free report on FNSR can be accessed by registering at:

http://www.AAAResearchReports.com/FNSR102113.pdf

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EDITOR NOTES:

  1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.
  2. Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
  3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
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Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

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SOURCE AAA Research Reports

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