user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 432523 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Avago Technologies Makes a Move: Up 2.0%

Published on Wed, 01/30/2013 - 13:16
By Adrienne Chilton

Avago Technologies (NASDAQ:AVGO) is one of today's notable stocks on the rise, up 2.0% to $35.26. The S&P is trading fractionally lower to 1,507 and the Dow is trading fractionally higher to 13,956.

In the past 52 weeks, Avago Technologies share prices have been bracketed by a low of $29.70 and a high of $39.22 and are now at $35.26, 19% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.

Potential upside of 15.6% exists for Avago Technologies, based on a current level of $35.26 and analysts' average consensus price target of $40.78. The stock should find initial support at its 200-day moving average (MA) of $34.11 and further support at its 50-day MA of $33.36.

Avago Technologies Ltd. manufactures semiconductor products such as optoelectronics, radio-frequency and microwave components, and application-specific integrated circuits. The Company's products are used in mobile phones, consumer electronics, enterprise and telecom networking gear, optical mice, automotive electronics, and military and aerospace systems.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

WR Berkley Looks to Continue to Trade Ab...

Shares of WR Berkley (NYSE:WRB) traded at a new 52-week high today of $47.66. Approxim ...

Shares of Western Refining Have Risen Ab...

Shares of Western Refining (NYSE:WNR) traded today at $47.61, breaking its 52-week high ...

UDR: The Winning Streak Continues (UDR)...

Shares of UDR (NYSE:UDR) traded today at $29.97, breaking its 52-week high. This new h ...

Tesoro Looks to Continue to Trade Above ...

Tesoro (NYSE:TSO) traded at a new 52-week high today of $64.47. So far today approxima ...

Shares of Sierra Wireless Have Risen Abo...

Shares of Sierra Wireless (NASDAQ:SWIR) traded at a new 52-week high today of $27.10. ...

Recent 52-Week High Exceeded in Shares o...

Shares of Sensata Technologies (NYSE:ST) traded today at $49.80, breaking its 52-week h ...

Synchronoss Technologies: The Winning St...

Shares of Synchronoss Technologies (NASDAQ:SNCR) traded at a new 52-week high today of ...

Sigma-Aldrich: 52-Week High Recently Ecl...

Sigma-Aldrich (NASDAQ:SIAL) traded at a new 52-week high today of $104.32. This new hi ...