Hot Stocks: Micron Technology, Inc. (NASDAQ:MU), Netlist, Inc. (NASDAQ:NLST), Rambus Inc. (NASDAQ:RMBS), Spansion Inc. (NYSE:CODE)

Posted by on Feb 24, 2014

Micron Technology (NYSE:MU) had its price objective raised by Sanford C. Bernstein from $30.00 to $32.00 in a research report released on Wednesday morning, American Banking News reports. Micron Technology, Inc. (NASDAQ:MU) stock opened at $25.57 in last session, and closed at $25.08, while the day range of stock is $24.54 -$25.59. The stock showed a positive weekly performance of 0.68%.

Netlist, Inc. (NASDAQ:NLST) designs, manufactures and sells memory subsystems for datacenter server and high-performance computing and communications markets. Netlist’s memory subsystems consist of combinations of dynamic random access memory integrated circuits (DRAM ICs or DRAM), NAND flash memory (NAND), application-specific integrated circuits (ASICs) and other components assembled on printed circuit boards (PCBs). Netlist, Inc. (NASDAQ:NLST) stock opened at $2.39, in last session and closed at $2.05, by losing -12.02%. The 52 week range of the stock is $0.51 – $2.41. Company’s market capitalization is $64.73 million.

Rambus Inc. (NASDAQ:RMBS) the firm in the semiconductor space, could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well. Rambus Inc. (NASDAQ:RMBS) stock decreased -0.21% and finished the last session at $9.35. The EPS of the stock remained -0.30. Company’s market capitalization is $1.05 billion.

Spansion Inc. (NYSE:CODE) has developed a new bus Interface called HyberBus, targeting embedded systems, such as automotive instrument clusters, that demand “instant-on” and an “interactive graphical user interface.” The company claims its proprietary interface offers low latency, high read throughput, and low pin-count. Spansion Inc. (NYSE:CODE) stock opened the session at $16.33, and closed the session at $16.29. The 52 week range of the stock remained $9.70 – $16.49 and the day range was $16.13 – $16.36.

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