Stocks to Keep Eyes On: Taiwan Semiconductor Manufacturing (NYSE:TSM), Marathon Oil (NYSE:MRO), Adobe Systems (NASDAQ:ADBE), India Globalization Capital (NYSEMKT:IGC), STRATTEC Security (NASDAQ:STRT)

Technology Stocks News 10

On Dec 10, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), posted a 63 percent rise in November sales from a year earlier. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) belongs to Technology sector. Its net profit margin is 31.80% and weekly performance is -3.39%. On last trading day company shares ended up $21.97. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) distance from 50-day simple moving average (SMA50) is 1.08%.

On Dec 11, Marathon Oil Corporation (NYSE:MRO), through its wholly owned subsidiary Marathon Oil KDV B.V., announced today that the Jisik-1 exploration well has discovered multiple stacked oil and natural gas producing zones on the Company’s operated Harir Block in the Kurdistan Region of Iraq. Marathon Oil Corporation (NYSE:MRO) shares moved down -3.05% in last trading session and ended the day at $25.45. MRO Gross Margin is 64.00% and its return on assets is 6.90%. Marathon Oil Corporation (NYSE:MRO) quarterly performance is -35.68%.

On Dec 11, Adobe Systems Incorporated (NASDAQ:ADBE) announced that it has acquired Fotolia, a popular marketplace for stock photography and video, for approximately $800 million in cash. The idea is to integrate the service into Adobe’s Creative Cloud and make it easier for Creative Cloud members to use (and purchase) the over 34 million images and videos in the company’s portfolio. On 12 December, Adobe Systems Incorporated (NASDAQ:ADBE) shares increased 9.00% and was closed at $76.02. ADBE EPS growth in last 5 year was -18.80%. Adobe Systems Incorporated (NASDAQ:ADBE) year to date (YTD) performance is 26.95%.

India Globalization Capital (NYSE:IGC) was the recipient of a significant decrease in short interest during the month of October. As of October 31st, there was short interest totalling 120,676 shares, a decrease of 42.8% from the October 15th total of 210,922 shares, AnalystRatingsNetwork.com reports. India Globalization Capital, Inc. (NYSEMKT:IGC) ended the last trading day at $0.71. Company weekly volatility is calculated as 12.33% and price to cash ratio as 7.50. India Globalization Capital, Inc. (NYSEMKT:IGC) showed a weekly performance of -5.32%.

Strattec Security Corp. (NASDAQ:STRT) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a report issued on Wednesday. The firm currently has a $107.00 target price on the stock. Zacks‘s target price would suggest a potential upside of 3.88% from the company’s current price. STRATTEC Security Corporation (NASDAQ:STRT) shares moved down -3.25% in last trading session and ended the day at $94.72. STRT Gross Margin is 20.30% and its return on assets is 12.40%. STRATTEC Security Corporation (NASDAQ:STRT) quarterly performance is 12.96%.

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