Stocks Gaining Momentum: Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), Groupon (NASDAQ:GRPN), Best Buy Co., Inc. (NYSE:BBY), Information Services Group (NASDAQ:III)


On March 3, it was reported that, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and United Microelectronics Corporation (UMC) both have been using a BSI process to produce chips used in an array of consumer electronics products including smartphones and tablets, said the sources, adding that the process can also produce chips for telematics devices, industrial equipment and high-end monitors. On Thursday shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) closed at $24.46. Company’s sales growth for last 5 years was 12.40% and EPS growth for next 5 years is recorded as 15.00%.

Groupon Inc. (NASDAQ:GRPN) was given a new $12.00 price target on by analysts at Sterne Agee. They now have a “buy” rating on the stock. On Thursday shares of Groupon, Inc. (NASDAQ:GRPN) closed at $7.93. Company’s EPS growth for next 5 years is recorded as 27.50%.

Gilead Sciences Inc. (NASDAQ:GILD) has retrenched its bid to bring a double-patenting suit against Natco Pharma Ltd. before the U.S. Supreme Court, saying that a Federal Circuit ruling focusing on patent expiration dates, rather than issue dates, threatens the patent system as a whole. Gilead Sciences Inc. (NASDAQ:GILD) in last trading activity moved up 0.34% to close at $103.42. Company weekly performance is -0.74% while its quarterly performance stands at 1.20%. Gilead Sciences Inc. (NASDAQ:GILD) is -11.48% away from its 52 week high.

On March 3, Best Buy Co., Inc. (NYSE:BBY) announced results for the fourth quarter and year ended January 31, 2015, as compared to the fourth quarter and year ended February 1, 2014. The company today also announced that on February 13, 2015, it completed the sale of its Five Star business in China, which was classified as held for sale as of January 31, 2015, and is reporting the Five Star results in discontinued operations. Best Buy Co., Inc. (NYSE:BBY) has 0.60% insider ownership while its institutional ownership stands at 81.50%. In last trading activity company’s stock closed at $39.63.

Information Services Group, Inc. (NASDAQ:III) confirmed that it will release its fourth quarter and full year 2014 financial results on Thursday, March 12, 2015 at approximately 4:30 p.m. Eastern Time. On last trading day Information Services Group, Inc. (NASDAQ:III) advanced 2.10% to close at $3.89. Its volatility for the week is 3.44% while volatility for the month is 3.71%. III’s sales growth for past 5 years was 3.80% and its EPS growth for past 5 years was 15.70%. Information Services Group, Inc. (NASDAQ:III) monthly performance is -10.78%.


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