Morning Research: Tellabs Inc., QUALCOMM Inc., Alcatel-Lucent, and Sonus Networks Inc.

Fri Nov 15, 2013 8:01am EST

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Morning Research: Tellabs Inc., QUALCOMM Inc., Alcatel-Lucent, and Sonus Networks Inc.

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PR Newswire

LONDON, November 15, 2013 /PRNewswire/ --

On Thursday, November 14, 2013, all three benchmark indexes of the US equity market edged higher with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite rising 0.48%, 0.35%, and 0.18%, respectively. Shares in the communication equipment industry mostly ended on a higher note, as the broader market posted gains. The major movers in the industry included Tellabs Inc. (NASDAQ: TLAB), QUALCOMM Inc. (NASDAQ: QCOM), Alcatel-Lucent (NYSE: ALU), and Sonus Networks Inc. (NASDAQ: SONS). AAAResearchReports.com has released full comprehensive research on TLAB, QCOM, ALU, and SONS. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

Tellabs Inc.'s stock fluctuated between $2.43 and $2.45 before ending Thursday's session 0.21% higher at $2.44. A total of 7.35 million shares were traded, which is above the daily average volume of 5.11 million. The company's shares have gained 5.17% in the last one month and 3.39% in the previous three months, compared to a gain of 4.71% and 6.24% in the S&P 500 during the respective periods. Furthermore, Tellabs Inc.'s stock is trading above its 50-day and 200-day moving averages of $2.37 and $2.19, respectively. Download free report on TLAB upon registration at:

http://www.AAAResearchReports.com/TLAB111513.pdf

Shares in QUALCOMM Inc. advanced on Thursday, hitting a new 52-week high of $71.48. The company's shares closed the day at $71.22, up 1.70% from the previous day's price of $70.03. A total of 14.68 million shares were traded, which is above the daily average volume of 10.36 million. The company's shares have gained 5.32% in the previous three trading sessions and 6.36% in the last three months, outperforming the S&P 500, which has advanced 1.06% and 6.24% during the respective periods. Moreover, QUALCOMM Inc.'s stock is trading above its 50-day and 200-day moving averages of $68.34 and $65.51, respectively. QCOM technical report can be accessed for free by signing up at:

http://www.AAAResearchReports.com/QCOM111513.pdf

On Thursday, Alcatel-Lucent's stock advanced to close the day at $4.17, up 2.46% from the previous day's closing price of $4.07. The company's shares vacillated between $4.08 and $4.20 during the trading session. A total of 20.40 million shares were traded, which is below the daily average volume of 22.93 million. The company's shares have surged 9.74% in the last one month and 52.19% in the previous three months, outperforming the S&P 500, which has advanced 4.71% and 6.24% during the respective periods. Additionally, Alcatel-Lucent's stock is trading near its 52-week high of $4.26 and above its 50-day and 200-day moving averages of $3.62 and $2.24, respectively. The free report on ALU can be downloaded by signing up now at:

http://www.AAAResearchReports.com/ALU111513.pdf

Shares in Sonus Networks Inc. closed the day 0.33% lower at $2.99, after trading between $2.97 and $3.02. A total of 1.09 million shares were traded, which is below the daily average volume of 1.57 million. The company's shares have declined by 13.08% in the last one month, underperforming the S&P 500, which has gained 4.71% during the same period. However, Sonus Networks Inc.'s stock is trading above its 200-day moving average of $2.97. A free report on SONS can be accessed by registering at:

http://www.AAAResearchReports.com/SONS111513.pdf

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