Stocks To Watch: Alcatel Lucent (NYSE:ALU), Micron Technology (NASDAQ:MU), MRV Communications (NASDAQ:MRVC), Broadcom Corporation (NASDAQ:BRCM), Marvell Technology (NASDAQ:MRVL)

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Alcatel-Lucent SA (ADR) (NYSE:ALU) has announced it has initiated a litigation claiming patent infringement in Federal Court in the District of Delaware against Sophos and its subsidiary Cyberoam. Alcatel Lucent SA (ADR) (NYSE:ALU) stock performance was 1.05% in last session and finished the day at $3.86. Traded volume was 10.99million shares in the last session and the average volume of the stock remained 8.53million shares. The beta of the stock remained 2.22.

Micron Technology Inc. (NASDAQ:MU) increased 3.5 percent to $26.94. The largest U.S. maker of memory chips was upgraded to outperform from sector perform by RBC Capital Markets, which cited favorable changes in the memory industry amid strong demand cycles. Micron Technology, Inc. (NASDAQ:MU) rose 3.50 percent to $26.94 Monday on volume of 21.93million shares. The intra-day range of the stock was $26.16 to $27.00. Micron Technology, Inc. (NASDAQ:MU) has a market capitalization of $28.84billion.

MRV Communications Inc. (NASDAQ:MRVC), a leading provider of innovative packet and optical solutions, announced today that its OptiDriver(TM) optical transport platform has been named a finalist by the TechAmerica(R) Foundation for an American Technology Award in the Telecommunications category. The American Technology Awards represent outstanding achievement in 15 technical categories and exemplify the “best of” the United States technology marketplace. MRV Communications, Inc. (NASDAQ:MRVC)’s stock on May 19, 2014 reported a decrease of -0.28% to the closing price of $12.22. Its fifty two weeks range is $8.30 -$16.60. The total market capitalization recorded $89.09million. The overall volume in the last trading session was 1,291.00million shares. In its share capital, MRVC has 7.35million outstanding shares.

Broadcom Corporation (NASDAQ:BRCM) was upgraded by investment analysts at Morgan Stanley from a “sector perform” rating to an “outperform” rating in a note issued to investors on Monday. On Monday, shares of Broadcom Corporation (NASDAQ:BRCM) advanced 1.25% to close the day at $30.07. Company return on investment (ROI) is 4.60% and its monthly performance is recorded as -0.10%. Broadcom Corporation (NASDAQ:BRCM) quarterly revenue growth is -3.47%.

Marvell Technology Group Ltd (NASDAQ:MRVL) has earned a consensus recommendation of “Buy” from the twenty-eight brokerages that are covering the company, AmericanBankingNews.com reports. Eight analysts have rated the stock with a hold recommendation, ten have assigned a buy recommendation and one has given a strong buy recommendation to the company. Marvell Technology Group Ltd. (NASDAQ:MRVL) stock performance was 1.89% in last session and finished the day at $15.62. Traded volume was 2.97million shares in the last session and the average volume of the stock remained 4.63million shares. The beta of the stock remained 1.03. Marvell Technology Group Ltd. (NASDAQ:MRVL) insider ownership is 18.50%.

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