Bullish Stocks; Micron Technology, Inc. (NASDAQ:MU), Oracle Corporation (NYSE:ORCL), Electronic Arts Inc. (NASDAQ:EA), Skyworks Solutions Inc (NASDAQ:SWKS)

NYSE:ORCL Oracle Corporation ORCL

Oracle Corporation (NYSE:ORCL) has announced the latest release of Oracle Business Intelligence (BI) Applications. With new ways to seamlessly analyze procurement data and a new module for analyzing talent, Oracle continues to extend the opportunity for organizations to gain insight from a range of data sources and applications. Oracle Corporation (NYSE:ORCL) rose 2.22% to $41.95 yesterday on volume of 18,751,400 shares. The intra-day range of the stock was $41.19 – 42.14. Oracle Corporation (NYSE:ORCL) has a market capitalization of $187.05 million.

Electronic Arts Inc. (NASDAQ:EA) announced a sizable list of games that will go offline after June 30, as a result of the GameSpy online services closure. Though it still says it is investigating “community-supported options,” no official solution is in place yet for games like Battlefield 2, Battlefield 1942, and various Command & Conquer games. Electronic Arts Inc. (NASDAQ:EA)’s stock on May 12, 2014 reported an increase 0.54% to the closing price of $35.31. Its fifty two weeks range is $20.47 – 35.46. The total market capitalization recorded $10.66 billion. The overall volume in the last trading session was 5,541,100 shares. In its share capital, Electronic Arts Inc. (NASDAQ:EA) has 309.59 million outstanding shares.

Radio frequency (RF) chip manufacturer Skyworks Solutions Inc (NASDAQ:SWKS) has had some bad luck this year, because despite three straight quarters of solid results, the company’s shares have appreciated only 10% while the NASDAQ is up 21%. In the past, the company’s performance was directly linked to Apple’s (AAPL) performance, as it derived 29% of its 2012 revenue from the Smartphone maker. Thus, any negative news regarding the iPhone manufacturer was not well received by investors. On Friday, shares of Skyworks Solutions Inc (NASDAQ:SWKS) advanced 3.31% to close the day at $42.72. Company return on investment (ROI) is 13.30% and its monthly performance is recorded as 20.61%. Skyworks Solutions Inc (NASDAQ:SWKS) quarterly revenue growth is 39.52%.

Calls have emerged as the options of choice on Micron Technology, Inc. (NASDAQ:MU) today. By the numbers, around 12,000 calls have changed hands thus far, compared to 8,763 puts. Diving deeper reveals a handful of speculators are gambling on a quick move to decade-plus-high territory over the next several weeks. The most active call of the session is MU’s weekly 6/6 27.50 strike, where the vast majority of the 2,615 contracts traded have done so at the ask price, suggesting buyer-driven activity. Implied volatility is up 1.8 percentage points, and volume outstrips open interest, pointing to the initiation of new positions. Data from the International Securities Exchange (ISE) confirms that at least some of these calls have indeed been bought to open. Micron Technology, Inc. (NASDAQ:MU) stock performance was 2.50% in last session and finished the day at $27.51. Traded volume was 22,396,900 shares in the last session and the average volume of the stock remained 31.01 million shares. The beta of the stock remained 1.77. Micron Technology, Inc. (NASDAQ:MU) insider ownership is 0.60%.

Signup for free to be the first to receive exclusive free links. Now in your mailbox!
Join over 15,000 subscribers
Send me links

Your information will not be shared to anyone