|Day Low/High||8.12 / 8.15|
|52 Wk Low/High||5.84 / 10.50|
The Russell 2000 snapped a four-week losing streak this week, and we used pullbacks to add to two of our model portfolio positions.
Shares of Atmel (ATML) are declining today after the company reported mixed second quarter earnings results.
Despite the miss, the stock appears reasonably valued and this could be a buying opportunity for those who don't yet own it.
Bank of America/Merrill Lynch downgrades Atmel (ATML) to 'neutral' from 'buy.'
Trade-Ideas LLC identified Atmel (ATML) as a post-market laggard candidate
As the market ended the week with losses, we used the decline to add shares to three of our model portfolio positions.
Stocks experienced high volatility as earnings season pressed on this week, and we closed out one of our model portfolio positions.
We used the weakness this week to add to two of our model portfolio positions and, with the onset of earnings season, we are eyeing potential new names.
Atmel (ATML), the touchscreen chipmaker, said it would buy Newport Media, a maker of low-power Wi-Fi and bluetooth gear, for $140 million.
Consumer discretionary and utility stocks were the best performers this week.
Investors in Atmel Corp. saw new options begin trading this week, for the February 2015 expiration.
STMicroelectronics is a European semcionductor manufacturer with declining revenue and business segments. Channel checks suggest it has lost all MEMS business for the iPhone 6. So is it doomed?
It was a quiet week for the model portfolio, but U.S. stocks made fractional gains and finished at record highs on Friday.
TheStreet Ratings team reiterates its "hold" rating on Atmel Corp. (ATML) with a ratings score of C.
It was a quiet week for the model portfolio, as U.S. stocks bounced around and ultimately finished little changed on Friday.
Atmel has been barreling higher and on Tuesday the bulls piled in.
Atmel (ATML) hit a 52-week high of $9.33 on Tuesday, one day after the company announced Atmel SMART, its new brand of microcontrollers.
As U.S. stocks moved higher for a third straight week, we closed out one model portfolio position for a huge gain.
A chip-sector ETF hit an all-time high Wednesday, but individual semiconductor stocks have been a mixed bag this year.
During this relatively quiet, holiday-shortened week, we trimmed one model portfolio position and added shares to one other.
We did not make any trades in the model portfolio this week, but we believe this relatively quiet period is a good time to find some new investing ideas.
This options expiration week included the expected volatility in the market and we used the action to add to one model portfolio position.
We used the selloff this week to put some cash to work and add shares to five of our model portfolio positions, raising our rating on one of them.
As earnings season began the winding down process this week, we used weakness on Thursday to add to two of our model portfolio positions.
Shares of Atmel (ATML) are gaining Thursday after the company beat analysts' estimates for earnings and revenue in the first quarter.
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