Hot Stocks – FB, BIDU, LINE, MU

Posted by on Dec 30, 2013

Face book Inc (NASDAQ:FB) shares up 118% YTD, yet some are concerned that the social network could be on its way down. A new study shows that teens between the ages of 16 and 18 in the UK think that Facebook is no longer cool. They think that it’s “dead and buried” due to the rise of parents joining the network to connect with family members and friends. The study was funded by the European Union and conducted by the Department of Anthropology at University College London and it took place over 15 months. Face book Inc (NASDAQ:FB) stock in last trading day opened at $57.48, traded the day range of $55.25 – $57.68, and closed at $55.44. The stock showed a negative performance of -3.97% in previous trading session.

The Chinese online search provider Baidu Inc (ADR) (NASDAQ:BIDU) is soaring to new heights at some 70% year to date gains, even as BIDU is being forced to disclose warnings set upon them by US regulators. Market regulators from the US as well as Hong Kong are forcing Chinese companies to give investors clear warnings about the risks of a legal structure commonly used to list shares. BIDU seems to be No. 1 on their list. Last trading activity, Baidu Inc (ADR) (NASDAQ:BIDU) traded 349.66million shares and the average volume of the stock was recorded as 3.20million shares. The 52 week range of the stock is $82.98 -$ 181.25. The stock was advanced 3.88% by closing at $173.77.

Linn Energy LLC (NASDAQ:LINE) opened its shares at the price of $30.18 for the day. Its closing price was $29.96 after losing -0.56% for the day. The company traded with the total volume of 1.8 million shares, while its average trading volume remained 1.82 million shares. The beta of LINE stands at0.69. Linn Energy, LLC, an independent oil and natural gas company, engages in the acquisition and development of oil and natural gas properties. Linn Energy LLC (NASDAQ:LINE) stock on December 27, 2013, recorded a rise of 2.10% and was in a range of $29.95 – $30.59 before closing at $30.59.  Company’s 52-week low price is $20.35 and 52 week high price is $39.50.

Micron Technology, Inc. (NASDAQ:MU) could benefit from the DRAM Wuxi output constraints that could drag into February versus prior expectations of late December January. Based in Boise, Idaho, Micron Technology makes semiconductor memory devices worldwide. The company sells its memory products to original equipment manufacturers and retailers. It mainly sells dynamic random access memory (DRAM) storage products. The company also provides NAND flash memory products, and JumpDrive products that are used in mobile phones, solid state drives, tablets,  computers, industrial and automotive applications.Micron Technology, Inc. (NASDAQ:MU) shares fell -1.01% in last trading session and was closed at $21.52, while trading in range of $21.46 – $21.99. Its return on equity ratio is recorded as 11.70% and its return on assets is 6.00%.

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