Intel Corporation (NASDAQ:INTC) looking to build new Ultrabook – ENTR, SPRD
Pompano Beach, FL — (MESHPRESS) — 01/10/2013 — No Limit Stocks – NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Intel Corporation (NASDAQ:INTC) has recently revealed its plans for developing the newer version of Ultrabook. But, it is not expected to cause the sluggish sales of the device to grow in international market.
Should INTC a Buy or Sell Now? Find Out Here
Furthermore, the company needs to compel the customers towards buying the PCs earlier, so that they do not get obsolete. But, this plan is not supposed to work because; people are increasingly purchasing tablet computers, in the view of Ken Dulaney, vice president for mobile computing for Gartner.
INTC’s newer breed of Ultrabook is anticipated to come out by the end of this year. The next generation of the device will be packed in a thinner body, with touch screen and have a powerful battery, supporting a power draining Haswell processor all day long. Earlier this week, the company unveiled its newer Ultrabook’s blueprint during CES in Las Vegas.
The price of Intel Corporation(NASDAQ:INTC) moved up 1.71% and finished the day at $21.45 on below average volume. The day started out with a higher opening price of $21.22 versus prior close of $21.09. The total number of shares traded on the latest trading day was about 34.29 million shares, and changed hands at average prices of $21.20 to $21.47 apiece. The shares advanced about 4.03% since the start of 2013 and has a -4.45% fall in last three months. Narrowing down the performance period, the stock rose 6.40% for the month and a 0.33% gain over the week.
For How Long INTC’s Gloss will Attract Investors? Find out via this report
Entropic Communications, Inc.(NASDAQ:ENTR)’s shares touched a high of $5.62 before closing at $5.59, an increase of $0.13. The trading volume was 837,300 shares. Since hitting a 52-week low of $3.40 on May 23, 2012, the stock has managed to stay 64.41% higher from that level. The latest gain caused shares to increase their 2013gain to 5.67%.
Will ENTR Continue To Move Higher? Find Out Here
Shares of Spreadtrum Communications, Inc (ADR)(NASDAQ:SPRD) traded in a range of $16.92 to $17.77, completing the day up $0.88, or 5.23% to $17.72. The total volume of shares exchanged was 559,800. The stock was at 0.57% as on Jan 09, 2013 for this year as compared to 20.96% in the last 12 months.The company established a 52-week high of $23.20 on Nov 01, 2012 and is now -23.18% down than that level.
Why Should Investors Buy SPRD After The Recent Gain? Just Go Here and Find Out
About No Limit Stocks
NOLIMITSTOCKS.com is made up of a team of professional analyst that possess over 30 years of expert, stock market experience. Our goal is to research thousands of companies and provide investors with the latest insights in the market with stocks that can make explosive profits. We study the hottest companies so you don’t have to!
Our newsletter is always free to Join and offers a variety of useful investors tools that will help you break the limits! There will be no regrets!
The assembled information disseminated by nolimitstocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. nolimitstocks.com does expect that investors will buy and sell securities based on information assembled and presented in nolimitstocks.com. PLEASE always do your own due diligence, and consult your financial advisor.
- Hot Stocks: Amgen, Inc. (NASDAQ:AMGN), Myriad Genetics, Inc. (NASDAQ:MYGN), PRGX Global Inc(NASDAQ:PRGX)
- Stocks To Watch: Yingli Green Energy Hold. Co. Ltd. (ADR) (NYSE:YGE), Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR), Onyx Pharmaceuticals, Inc. (NASDAQ:ONXX)
- Big Gainers: Cepheid(NASDAQ:CPHD), Brunswick Corporation(NYSE:BC), Vanguard Natural Resources, LLC(NYSE:VNR)
- Notable Losers (China Information Technology, Briggs & Stratton Corporation, QLogic Corporation, Genuine Parts Company)
- News Recap (MEMC Electronic Materials, Stillwater Mining Company, Kite Realty Group Trust, Restoration Hardware Holdings Inc)