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$INTC, $HIMX, $AA Are Three Trending Stocks You Should Watch

Posted by: : Viraj ShahPosted on: January 10, 2014 $INTC, $HIMX, $AA Are Three Trending Stocks You Should Watch

Intel Corporation (NASDAQ:INTC) which is tracked by both the Dow Jones Industrial Index and S&P 500 Index was awarded a patent related to components which goes into the making of wireless signals transmission and receiving unit,  in the 3G wireless communication systems. The patent was originally filed by Terry Stephen in February of 2011 and was published online on December 31, 2013 and the assignee for the patent was Intel. Using the patented component, telecom operators would be able to multiplex in parallel, “Several TrCHs into a coded composite transport channel (CCTrCH).”

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX), the Taiwan based manufacturer of speciality LCD screens and IC has seen its stock riding a bull at the stock market over the past one month, ever since it was announced that Google has sent out invites “Play Music All Access subscribers” to buy its $1500 worth Google Glass wearable devices. Readers should note that in the past one month the stock has gained by a impressive 36 percent on the back of this news. This increase in value last month dwarfs the close to 412 percent increase in the value of the stock in the past one year, primarily due to fact that Himax Technologies is a component provider for Google glass.

Alcoa Inc (NYSE:AA) Pays $384M To Make Bribery Charges Go Away

The $11.43 billion market capped Aluminium manufacturer Alcoa Inc (NYSE:AA) hosted its Q4 2013 Earnings call after markets closed yesterday. One of the big take away from the call in addition to its operational numbers was the fact that the company has decided to resolve all pending bribery charges related to its Bahrain operations in a deal which it has arrived at with the Department of Justice. Klaus Kleinfeld, the Chairman and Chief Executive Officer of the Aluminium manufacturer announced that with this $384 million settlement behind them, the company will look forward to move ahead.

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Viraj Shah

Analyst at HEFFX
HEFFX Trading Room is lead by Shayne Heffernan and research from the Trading Desk is prepared by contributor Cyrus, Cyrus has done a M.Com (Finance) and currently pursuing CFP. He is a technical analyst who tracks US markets along with other global markets like India very closely. He is very passionate about stocks and believes that money can always be made in market.

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