Orlando, FL -- (SBWIRE) -- 09/11/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Micron Technology, Inc. (NASDAQ:MU), SanDisk Corporation (NASDAQ:SNDK).
Micron Technology, Inc. (NASDAQ:MU) shares gained 4.13% to $16.26. Altera Corporation (NASDAQ: ALTR) and Micron Technology, Inc. on Sept. 4 announced they have jointly demonstrated successful interoperability between Altera Stratix® V FPGAs and Micron's Hybrid Memory Cube (HMC). This technology achievement enables system designers to evaluate today the benefits of HMC with FPGAs and SoCs for next-generation communications and high-performance computing designs. The demonstration provides an early proof point that production support of HMC will be delivered with Altera's Generation 10 portfolio, in alignment with market timing, and includes both Stratix 10 and Arria 10 FPGAs and SoCs.
Additionally, MU‘s stock had its “hold” rating reaffirmed by analysts at TheStreet in a research report issued to clients and investors on August 26. Separately, MU’s stock had its price objective raised by Nomura from $12.00 to $14.00 in a research report released on August 14. Nomura currently has a neutral rating on the stock.
Are investors worried about the recent updates with MU? Find out with a free trend analysis HERE
SanDisk Corporation (NASDAQ:SNDK) shares gained 1.97% to $60.48. The company on August 27 commemorates its silver anniversary by ringing The NASDAQ Stock Market Opening Bell. The event is the latest in a series of 2013 activities that mark the transformative impact SanDisk's technologies have had on businesses and consumers over the past quarter century.
Additionally, the company will begin trading ex-dividend on August 08, 2013. A cash dividend payment of $0.225 per share is scheduled to be paid on August 30, 2013. Shareholders who purchased SNDK stock prior to the ex-dividend date are eligible for the cash dividend payment.
Is SNDK going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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