This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

7 Stocks Rising on Monster Volume

Stocks in this article: TTWO AVGO ULTI EXPE PETM SQI RA

Avago Technologies

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Avago Technologies (AVGO) is a designer, developer and global supplier of a range of analog semiconductor devices with a focus on III-V based products. This stock is trading up 5.7% at $33.05 in recent trading.

Today's Volume: 2.6 million

Average Volume: 2.1 million

Volume % Change: 138%

Shares of AVGO are ripping higher today after the company reported adjusted earnings that exceeded Wall Street expectations. Following the report, Sterne Agee said the company is executing well and maintained its buy rating. Jefferies also said the company has excellent visibility into revenue growth and said it remains a buyer of the stock following the company's second quarter results.

From a technical perspective, AVGO is spiking sharply higher here on above average volume. This move has pushed AVGO right below its 200-day moving average of $33.37.

Traders should now look for long-biased trades if AVGO can manage to sustain a move or close back above its 200-day moving average with high volume. Look for volume on that move that's near or above 2.1 million shares. If we get that action soon, I would then add to any long positions if AVGO can take out its 50-day moving average of $35.22 and some near-term overhead resistance at $35.31 with high volume.

As of the most recently reported period, Avago was one of the top holdings at Lee Ainslie's Maverick Capital.

3 of 8

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,030.21 +6.04 0.03%
S&P 500 2,081.88 -0.29 -0.01%
NASDAQ 4,773.4720 +8.0480 0.17%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs