Momentum Stocks: Advanced Micro Devices (NYSE:AMD), Yahoo! Inc. (NASDAQ:YHOO), EMC Corporation (NYSE:EMC), Applied Materials (NASDAQ:AMAT)

The Advanced Micro Devices, Inc. (NYSE:AMD) will webcast its quarterly earnings conference call on Thursday, April 17, 2014 at 5:30 p.m. EDT / 2:30 p.m. PDT to discuss the results of its fiscal first quarter ending March 29, 2014.Advanced Micro Devices, Inc. (NYSE:AMD) shares after opening at $3.93 moved to $4.02 on last trade day and at the end of the day closed at $4.01. Company price to sales ratio in past twelve months was calculated as 0.58 and price to cash ratio as 2.78. Advanced Micro Devices, Inc. (NYSE:AMD) showed a negative weekly performance of -0.99%.

Yahoo! Inc. (NASDAQ:YHOO) is planning to launch a web video platform this year, giving serious competition to Google Inc (NASDAQ:GOOG) owned YouTube.Yahoo! Inc. (NASDAQ:YHOO) shares ended the day on $35.90. YHOO return on equity ratio is recorded as 10.20% and its return on assets is 8.50%. Yahoo! Inc. (NASDAQ:YHOO) yearly performance is 52.77%.

Emerging storage devices is a company-defined category of storage devices; this sub-segment includes XtremIO, Isilon, Atmos and VPLEX. This segment witnessed revenue of $1.5 Billion in year 2013. EMC XtremIO was the major sales driver for the year. The company said that XtremIO is its first all flash storage device and it has become the bestselling storage array in the market. According to IDC report solid state based storage arrays market will grow to $1.2 Billion by 2015. EMC looks forward to dominate the segment in coming years. EMC Corporation (NYSE:EMC) owns a majority stake in VMware, Inc. (NYSE:VMW), virtualization and cloud computing giant which further strengthens its position in the storage device market as the market is moving from pure hardware based to software coupled cloud storage devices.EMC Corporation (NYSE:EMC) shares moved down -0.25% in last trading session and was closed at $27.41, while trading in range of $27.37-$27.75. EMC Corporation (NYSE:EMC)  year to date performance is 9.82%.

According to report released about Applied Materials, Inc. (NASDAQ:AMAT), the firm received a rise in its price target by the Northland Securities. The price objective increased to $24.00 from $22.00. Applied Materials, Inc. (NASDAQ:AMAT) weekly performance is 1.59%. On last trading day company shares ended up $20.42. Applied Materials, Inc. (NASDAQ:AMAT) distance from 50-day simple moving average is 10.67%. Analysts mean target price for the company is $19.80.

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