|Day Low/High||40.06 / 40.17|
|52 Wk Low/High||31.00 / 45.18|
Upgrades: ASMI, FTEK, GROW, MSO, POST, SLRC, TEVA, UWN, VNO X Downgrades: CBD, DWCH, ENDP, HVB, NTE, RCII, SEB Initiations: BEP Read on to get TheStreet Quant Ratings' detailed report:
Upgrades: BAGL, CRWN, CVC, EVC, GDOT, VMW, VRTB Downgrades: ASMI, ENTR, SCCO Initiations: None Read on to get TheStreet Quant Ratings' detailed report:
ASM International (Nasdaq:ASMI) has been upgraded by TheStreet Ratings from a hold to buy.
This powerful metric suggests we're seeing a historic buying opportunity, especially in these names.
ASM International (Nasdaq:ASMI) hit a new 52-week high Wednesday as it is currently trading at $44.18, above its previous 52-week high of $43.97 with 12,630 shares traded as of 9:35 a.m. ET. Average volume has been 95,300 shares over the past 30 days.
The film deposition equipment market for semiconductor manufacturing was down 38% in 2009, but on a sector-by-sector basis, sales dropped between 8.7% to 71.7%.
it doesn't appear that a downturn in the semiconductor industry will take place through at least the third quarter.
BP, F5 Networks, Mindray Medical and True Religion are upgraded; ASM International is downgraded.
Four Seasons and ASM upgraded; Cache downgraded; coverage initiated on Tam and NCI.
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