NEW YORK, NY / ACCESSWIRE / March 16, 2018 / Markets were mixed Thursday as concerns of a possible trade war continued to linger. The Dow Jones Industrial Average gained 0.47 percent to close at 24,873.66, while the S&P 500 Index declined 0.08 percent to close at 2,747.33. The Nasdaq Composite Index dropped 0.20 percent to close at 7,481.74. Positive economic data was not enough to lift the broader markets higher. The government reported initial jobless claims dropped by 4,000 to 226,000 for the week ended March 10th, which topped economists' expectations of 228,000, according to MarketWatch.

RDI Initiates Coverage on:

Lam Research Corporation
https://rdinvesting.com/news/?ticker=LRCX

Analog Devices, Inc.
https://rdinvesting.com/news/?ticker=ADI

Lam Research's stock edged 0.20% higher Thursday, to close the day at $223.08. The stock recorded a trading volume of 2,446,239 shares, which was below its three months average volume of 3,697,323 shares. In the last year, Lam Research's shares have traded in a range of 123.96 - 234.88. The share price has gained 79.96% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $193.50 is greater than its 200-day moving average of $191.44. Shares of Lam Research are trading at a Price to Earnings ratio of 24.50. Lam Research Corporation have gained roughly 20.12 percent in the past month and are up 21.19 percent year-to-date.

Access RDI's Lam Research Corporation Research Report at:
https://rdinvesting.com/news/?ticker=LRCX

On Thursday, shares of Analog Devices recorded a trading volume of 1,273,980 shares, which was below the three months average volume of 3,055,798 shares. The stock ended the day 0.16% lower at 93.94. The share price has gained 25.84% from its 52 week low with a 52 week trading range of 74.65 - 98.38. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $89.91 is greater than its 200-day moving average of $88.48. Shares of Analog Devices are trading at a Price to Earnings ratio of 44.33. Analog Devices have gained roughly 10 percent in the past month and are up 5.51 percent year-to-date.

Access RDI's Analog Devices, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ADI

Our Actionable Research on Lam Research Corporation (NASDAQ:LRCX) and Analog Devices, Inc. (NASDAQ:ADI) can be downloaded free of charge at Research Driven Investing.

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