Monday, November 8, 2010

Tech. Stocks Hits Year High (SOLR, PCS, ALTR, VSH)

GT Solar International, Inc. (NASDAQ:SOLR) made an all time high at $10.00. The stock is up 6.45% to $9.41 over a volume of 9.29 million shares.  The stock has surged 14.22% in one week trade and soared 69.06% in this year. Today it announced that it has entered into a definitive agreement to repurchase shares of common stock from GT Solar Holdings, LLC. Under the terms of this agreement, GT Solar has agreed to purchase 26.5 million shares of its common stock at a price of approximately $7.66 per share for a total purchase price of approximately $203 million. MetroPCS Communications, Inc. (NYSE:PCS) hits a new 52 week high at $12.31 and now up 4.61% to $12.26 after it was upgraded by  Wells Fargo from Market Perform to Outperform. The price range was increased on the stock from $12.00-$12.50 to $14-$15. So far in this year, the stock has jumped over 60.68% and has recovered over 122.46% from its 52-week low. Altera Corporation (NASDAQ:ALTR) added 1.64% to $33.75 and created a new 52-week high of $8.15. So far this year, the stock has jumped over 49.03% and has recovered over 72.73% from its 52-week low. Altera Corporation (Altera) is a semiconductor company. The Company designs, manufactures and markets programmable logic devices (PLDs), HardCopy application-specific integrated circuits (ASICs), pre-defined design building blocks, known as intellectual property (IP) cores, and associated development tools. Vishay Intertechnology (NYSE:VSH) went up over 1.81% to $14.09 and made a new 52-week high of $14.40. Today announced that its SiR880DP 80-V ThunderFET(R) power MOSFET was chosen as a winner in Electronic Products China magazine’s eighth annual Top-10 DC/DC Power Product Awards.
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