Traders Alert: Sony, ArcelorMittal, LSI, Marvell Technology Group

Lakeway, TX -- (SBWIRE) -- 03/14/2013 -- Bestdamnpennystocks, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Sony Corporation (ADR) (NYSE:SNE) moved up 1.53% to $15.97 on a traded volume of 1.18 million shares. The 52-week range for the stock is $9.57 and $22.05. The Company has Price/Sales ratio of 0.19 and Price/Book ratio of 0.62. The 50-Day Moving Average and 200-Day Moving Average prices is $14.88 and $12.22 respectively.

How Should Investors Trade SNE After The Recent Movement? Find Out Here

ArcelorMittal (ADR) (NYSE:MT) went up 1.89% to $14.84 on a traded volume of 2.62 million shares. Zacks maintained underperform recommendation on ArcelorMittal following its lackluster fourth-quarter 2012 results. ArcelorMittal SA is a Luxembourg-based company involved in the mining and steel industry. It operates in divisions: Flat Carbon Americas; Flat Carbon Europe, Long Carbon Americas and Europe; Asia, Africa and Commonwealth of Independent States, and Distribution Solutions.

Is MT Strong Buy After The Recent Strong Gains? Get Free Trend Analysis Here

LSI Corp (NASDAQ:LSI) soared 1.29% to $7.07 on a traded volume of 1.53 million shares. Recently, LSI Corporation announced that the LSI Nytro WarpDrive family of application acceleration PCIe flash cards has been validated for use with NetApp Flash Accel software. Together, LSI and NetApp are offering complete server flash caching solutions that speed application performance by converting server-based flash into hot data cache for critical business applications. LSI Nytro WarpDrive cards are among the first PCIe flash devices to be fully tested and qualified with NetApp's intelligent server caching software.

Is LSI a Buying Opportunity After The Recent Plunge? Don’t Miss Out Our Latest Report Here

Marvell Technology Group Ltd. (NASDAQ:MRVL) increased 2.51% to $10.97 on a traded volume of 3.13 million shares. Marvell announced that its Co-Founder Weili Dai has been honored with the Silicon Valley Entrepreneur of the Year Award in the Established Corporation category by the Chinese Institute of Engineers/USA-San Francisco Bay Area Chapter in recognition of her exemplary professional achievements in business, science and technology.

How Should Investors Trade MRVL After The Latest Earnings Report? Find Out Here

About bestdamnpennystocks.com
Best Damn Penny Stocks’ team is engaged in providing stock newsletters on various hot penny stocks on a regular basis. Our instant stock news on Major Gainers, small cap penny stocks and various other stocks, guides investors in making the wise stock market investments decision. In order to get update to the markets, we would advise you sign up to our free newsletters. You can become leader in stock market by keeping track of the daily activity.

Disclaimer
The assembled information disseminated by Bestdamnpennystocks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Bestdamnpennystocks.com does expect that investors will buy and sell securities based on information assembled and presented in Bestdamnpennystocks.com. PLEASE always do your own due diligence, and consult your financial advisor.