Tech Sector Shining Stocks; Dell (NASDAQ:DELL) Rallies on Upgrade by Goldman, AMD (NYSE:AMD) Rallies to New Highs
Many see early slump in search advertising in the initial two months of fourth quarter, though Google’s (NASDAQ:GOOG) attempt to enhance paid ads with new paid product listings appears to be paying off.
Google in the start of year began transforming its Product Listing Ads to a paid service named Google Shopping.
Google Inc (NASDAQ:GOOG) edged down -0.45% to close at $695.25 and its overall volume during last trading session was 2.19 million shares. GOOG has earnings per share of $31.92. Its total market capitalization is $228.46 billion.
GOOG is ahead of its 52 week low with 24.93% and its last month’s price volatility remained 1.91%. In its share capital GOOG has 328.59million outstanding shares while 261.07 million shares have been floated in market.
Dell (NASDAQ:DELL) shares rallied on Monday after getting an upgrade from experts at Goldman Sachs, who turned their rating straight from “Sell” to “Buy” with a $13 per-share price target.
Dell Inc. (NASDAQ:DELL) surged +4.36% and closed at $10.06 with the total traded volume of 61.60 million shares. It has market capitalization of $17.45 billion while its total outstanding shares are 1.73billion and its beta value stands at 1.39 times.
Advanced Micro Devices Inc., the second-biggest manufacturer of personal-computer processors, jumped to the maximum level in six weeks as some investors bet that its biggest stockholder could assist in shunning a cash deficit.
Advanced Micro Devices, Inc.(NYSE:AMD) grew +7.27% and closed at $2.36 with the total traded volume of 70.16 million shares. AMD has earnings per share of -$1.20 with the net profit margin of -14.82% and operating margin of -9.45%.
AMD has current ratio of 1.81 and its debt-to-equity ratio was 2.06.
Oracle Corporation (NASDAQ:ORCL)’s shares touched a high of $32.50 before closing at $32.31, an increase of $0.14. The trading volume was 22.16 million shares. Since hitting a 52-week low of $24.91 on December 21, 2011, the stock has managed to stay 30.77% higher from that level. The latest gain caused shares to increase their 2012 gain to 27.00%.
Shares of EMC Corporation (NYSE:EMC) traded in a range of $24.71 to $25.15, completing the day down $0.06, or -0.24% to $24.76. The total volume of shares exchanged was 15.70 million. The stock was at 14.95% as on Dec 03, 2012 for this year as compared to 7.61% in the last 12 months. The company established a 52-week high of $30.00 on Mar 28, 2012 and is now -17.47% down than that level.