Tech Stocks to Watch: Apple (NASDAQ:AAPL), Nokia Corporation (ADR) (NYSE:NOK), BlackBerry Ltd (NASDAQ:BBRY), First Solar (NASDAQ:FSLR), Trina Solar Limited (ADR) (NYSE:TSL)

Posted by on Jun 19, 2014

Apple Inc. (NASDAQ:AAPL) is taking advantage of the dispute between Amazon.com Inc oesterreichischeapotheke.com. (AMZN) and Hachette Book Group by promoting and discounting pre-orders for the publisher’s digital books. Apple Inc. (NASDAQ:AAPL) net profit margin is 21.40% and weekly performance is -1.79%. On last trading day company shares ended up $92.18. Analysts mean target price for the company is $93.79. Apple Inc. (NASDAQ:AAPL) distance from 50-day simple moving average (SMA50) is 9.15%.

Finnish telecoms equipment company Nokia Corporation (ADR) (NYSE:NOK) paid several million euros to criminals who threatened to reveal the source code for part of an operating system used in its smartphones some six years ago, Finnish TV station MTV said on Tuesday. Nokia Corporation (ADR) (NYSE:NOK) shares advanced 3.61% in last trading session and ended the day on $8.33. NOK Gross Margin is 42.10% and its return on assets is -4.50%. Nokia Corporation (ADR) (NYSE:NOK) quarterly performance is 10.48%.

BlackBerry Ltd (NASDAQ:BBRY) reached a licensing deal with Amazon.com Inc on Wednesday that will let the Canadian smartphone maker offer some 240,000 Android applications from Amazon’s app store on its lineup of BlackBerry 10 devices this fall. BlackBerry Ltd (NASDAQ:BBRY) shares moved up 2.98% in last trading session and was closed at $8.29, while trading in range of $8.17 – $8.46. BlackBerry Ltd (NASDAQ:BBRY) year to date (YTD) performance is 11.42%.

On June 13, First Solar, Inc. (NASDAQ:FSLR) announced that it has been selected by independent energy company Tenaska Solar Ventures to design and build the 150 megawatt (MW)AC Tenaska Imperial Solar Energy Center West project near El Centro, California. First Solar, Inc. (NASDAQ:FSLR) ended the last trading day at $69.75. Company weekly volatility is calculated as 3.35% and price to cash ratio as 5.06. First Solar, Inc. (NASDAQ:FSLR) showed a positive weekly performance of 9.77%.
On June 16, Trina Solar Limited (ADR) (NYSE:TSL), China’s largest profitable panel manufacturer, is supplying panels with 23 megawatts of capacity to Linuo Solar Power Co. for rooftop power systems in Shandong Province. Shipments are expected to be completed this month and the panels will cover about 500,000 square meters (124 acres) of rooftops, Changzhou, China-based Trina said today in a statement. Terms weren’t disclosed. Trina Solar Limited (ADR) (NYSE:TSL) shares moved up 1.10% in last trading session and was closed at $12.89, while trading in range of $12.35 – $12.98. Trina Solar Limited (ADR) (NYSE:TSL) year to date (YTD) performance is -5.71%.

 

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