Monday Your Favourite Stocks Picks ( SIMO, FOSL, ASGN, GRPN )

Los Angelas, CA -- (SBWIRE) -- 09/17/2012 -- Silicon Motion Te (NasdaqNM:SIMO) is very active today and traded between $14.50 - 16.57 with total traded volume of 1433064 shares. At a current price of 16.31, SIMO is +1.87 - +12.95% from the previous close of $14.44. Moreover, At Current Market Price, SIMO is in distance of +4.77% from its 50-day Moving Average price of $15.5677 and +2.04% from its 200-day Moving Average price of $15.984. Silicon Motion Technology Corporation, a fabless semiconductor company, designs, develops, and supplies a portfolio of multimedia data processing, storage, and transfer solutions primarily for consumer electronics applications. It also offers a range of multimedia SoCs comprising embedded graphics processors for embedded graphics applications in desktop and notebook personal computers, game consoles, work stations, and multimedia mobile phones. In addition, the company provides semiconductor solutions consisting of mobile television tuners and integrated tuner plus demodulator SoCs for mobile phones and other portable devices; and CDMA transceivers for CDMA 1x and EVDO modem solutions, as well as transceivers for LTE modem solutions.

Can OMX Make a Target Of $8.50 : Get Free Analysist Report

Fossil, Inc. (NasdaqNM:FOSL) is +9.60 - +11.43% from the previous close of $84.00. It traded between $84.25 - 93.69 with total traded volume of 2440821 shares. Keep a close eye on FOSL, as the stock has been showing unusual moves over the past weeks. At Current market price, FOSL has recovered +49.12% from its 52-week Low of 62.77 and has Pulled back -32.76% from its 52-week high of 139.20. Fossil (NAS: FOSL) , announced his retirement yesterday, and the stock responded by rocketing 11.4% higher today! WhilFOSLe I doubt the move is correlated with Kovar's retirement announcement, it does speak to the prospects of renewed clarity in Europe, where Fossil's sales have struggled mightily. Despite today's move higher, my Foolish colleague Brian Stoffel feels you might be better off keeping your distance from Fossil.

Get Free Trend Analysis On FOSL Here

On Assignment, In (NYSE:ASGN) is +1.90 - +11.05% from the previous close of $17.19. It traded between $17.84 - 19.35 with total traded volume of 3234934 shares. At Current Market Price, ASGN is in distance of +17.74% from its 50-day Moving Average price of $16.2135 and +17.95% from its 200-day Moving Average price of $16.1842. On Assignment Inc. (NYSE:ASGN) jumped 11.05 percent after the company announced pricing of public offering of about 5.17 million shares of its common stock by certain selling stockholders at $17.00 each. The offering by certain selling stockholders has been upsized from about 4.78 million shares.

Can OMX Finish its Rally and Start Downtrend : Get Free Analysist Report

Groupon, Inc. (NasdaqNM:GRPN) is +0.51 - +10.71% from the previous close of $4.76. It traded between $4.80 - 5.30 with total traded volume of 20016868 shares. At Current Market Price, GRPN is in distance of -2.35% from its 50-day Moving Average price of $5.3969 and -50.07% from its 200-day Moving Average price of $10.5542. Groupon Inc (NASDAQ:GRPN) slipped 0.64% to $4.64. The stock moved up after the Chief Financial Officer Jason Child told an investor conference that the Company is taking steps that will boost its growth in Europe. The technology that helps the Company send more relevant daily deals to U.S. subscribers will be introduced in Europe. This is one of the primary drivers the Company expects to see in the back half of this year. Groupon Inc (NASDAQ:GRPN) slipped 0.64% to $4.64. The stock moved up after the Chief Financial Officer Jason Child told an investor conference that the Company is taking steps that will boost its growth in Europe. The technology that helps the Company send more relevant daily deals to U.S. subscribers will be introduced in Europe. This is one of the primary drivers the Company expects to see in the back half of this year.

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