NASDAQ New Highs: MagneGas Corporation (NASDAQ:MNGA), QUALCOMM, Inc. (NASDAQ:QCOM), Applied Materials (NASDAQ:AMAT), Texas Instruments (NASDAQ:TXN)

MagneGas Corporation (NASDAQ:MNGA), the developer of a technology that converts liquid waste into hydrogen-based fuels announced that it is providing four demolition projects with MagneGas fuel for their torch cutting. These projects are sourced through existing MagneGas distributors Blue Water Industrial of Michigan and AWISCO Corp of New York. MagneGas Corporation (NASDAQ:MNGA) shares after opening at $2.00 moved to $2.45 on last trade day and at the end of the day closed at $2.40. Company price to sales ratio in past twelve months was calculated as 110.02 and price to cash ratio as 91.68. MagneGas Corporation (NASDAQ:MNGA) showed a positive weekly performance of 128.57%.

A new technology QUALCOMM, Inc. (NASDAQ:QCOM) used to create a series of reliable, on-the-fly wireless networks at the South By Southwest Interactive conference earlier this month may soon provide high-end mobile-device users across the U.S. with a new type of digital experience one that combines their live presence and digital identity. QUALCOMM, Inc. (NASDAQ:QCOM) shares advanced 0.12% in last trading session and ended the day on $78.19. QCOM return on equity ratio is recorded as 18.40% and its return on assets is 14.70%. QUALCOMM, Inc. (NASDAQ:QCOM) yearly performance is 22.10%.

Berenberg Bank lifted their price target on shares of Applied Materials (NASDAQ:AMAT) from $20.00 to $23.00 in a research note issued on Friday, Stock Ratings Network reports. Berenberg Bank’s price target would suggest a potential upside of 13.92% from the company’s current price. Applied Materials, Inc. (NASDAQ:AMAT) shares moved down -0.10% in last trading session and was closed at $20.17, while trading in range of $20.12 – $20.81. Applied Materials, Inc. (NASDAQ:AMAT) year to date (YTD) performance is 14.67%.

Texas Instruments Incorporated (NASDAQ:TXN) named as a 2014 World’s Most Ethical Company. Texas Instruments Incorporated (NASDAQ:TXN) weekly performance is 6.41%. On last trading day company shares ended up $47.15. Texas Instruments Incorporated (NASDAQ:TXN) distance from 50-day simple moving average (SMA50) is 7.69%. Analysts mean target price for the company is $44.03.

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