Technical Reports on Communication Equipment Equities -- QUALCOMM, Ericsson, Ciena, and ARRIS

NEW YORK, June 14, 2017 /PRNewswire/ --

For today, DailyStockTracker.com directs investors' attention to QUALCOMM Inc. (NASDAQ: QCOM), Telefonaktiebolaget LM Ericsson (NASDAQ: ERIC), Ciena Corp. (NYSE: CIEN), and ARRIS International PLC (NASDAQ: ARRS). The Telecommunications Equipment Industry produces technologies and services that are used to facilitate people's communication. Major products include cell phones, chipsets, and wireless and landline infrastructure equipment. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:

http://dailystocktracker.com/register/

QUALCOMM 

On Tuesday, shares in San Diego, California headquartered QUALCOMM Inc. rose 0.09%, ending the day at $57.54. The stock recorded a trading volume of 7.07 million shares. The Company's shares have advanced 4.01% in the last one month. The stock is trading above its 50-day moving average by 3.27%. Moreover, shares of QUALCOMM, which develops, designs, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, the US, and internationally, have a Relative Strength Index (RSI) of 54.86.

On May 26^th, 2017, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $56 a share to $65 a share.

On June 12^th, 2017, QUALCOMM, through its subsidiary Qualcomm Life, Inc., announced its agreement with LifeScan Inc., one of the Johnson & Johnson Diabetes Care Companies, to streamline wireless data capture from LifeScan's OneTouch Verio Flex® blood glucose meters to physicians to enable more informed care. Qualcomm Life's medical-grade 2nettm solution will power the connectivity for efficient, cable-free data collection. QCOM complete research report is just a click away and free at:

http://dailystocktracker.com/registration/?symbol=QCOM

Ericsson 

Shares in Stockholm, Sweden headquartered Telefonaktiebolaget LM Ericsson ended the day 0.84% higher at $7.23 with a total trading volume of 4.08 million shares. In the last month and the previous three months, the stock has gained 11.57% and 10.55%, respectively. Additionally, the Company's shares have advanced 24.01% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 8.29% and 16.69%, respectively. Furthermore, shares of Ericsson, which provides telecommunications equipment and related services to mobile and fixed network operators, have an RSI of 61.96.

On May 30^th, 2017, Ericsson announced the appointment of Erik Ekudden as Group CTO and Head of Technology & Architecture, effective July 01^st, 2017. Ekudden will lead the Company's technology strategy with a focus on driving the evolution of the network as the platform to secure the success of its service provider customers.

On June 08^th, 2017, research firm Citigroup initiated a 'Buy' rating on the Company's stock. The complimentary report on ERIC can be downloaded at:

http://dailystocktracker.com/registration/?symbol=ERIC

Ciena 

At the close of trading on Tuesday, shares in Hanover, Maryland headquartered Ciena Corp. finished 1.42% higher at $25.75 with a total trading volume of 2.50 million shares. The stock has advanced 8.93% in the last one month, 12.69% over the previous three months, and 5.49% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 9.76% and 11.54%, respectively. Additionally, shares of Ciena, which provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have an RSI of 58.84.  

On June 02^nd, 2017, research firm Needham reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $30 a share to $31 a share.

On June 02^nd, 2017, Ciena announced that James E. Moylan, Jr., Senior Vice President and CFO, will speak at the William Blair Growth Stock Conference on June 14^th, 2017, at 12:00 p.m. CT in Chicago, Illinois. The event will be webcast live and recorded. An archived version will be made available approximately one hour following the presentation of the live event under the Investors section of the Company's website. Sign up for your complimentary research report on CIEN at:

http://dailystocktracker.com/registration/?symbol=CIEN

ARRIS 

Suwanee, Georgia headquartered ARRIS International PLC's shares recorded a trading volume of 875,437 shares at the end of yesterday's session. The stock closed the day 1.26% higher at $28.93. The Company's shares have advanced 3.25% in the past month and 10.80% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 6.79% and 2.99%, respectively. Additionally, shares of ARRIS International, which together with its subsidiaries, provides media entertainment and data communications solutions in the US and internationally, have an RSI of 62.49.

On June 05^th, 2017, ARRIS International announced that its Qi3 HD set-top, with support for industry-standard video decryption protocols, is one of the first devices in this class to achieve both CAL and iTASS certification. The Qi3 set-top is a cost-effective, multi-purpose set-top for delivering next-generation connected TV services. It offers the flexibility to operate as a stand-alone HD set-top or as a multiroom DVR client in a video gateway system. Get free access to your research report on ARRS at:

http://dailystocktracker.com/registration/?symbol=ARRS

--

Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://dailystocktracker.com/disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA