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Stock Market & Financial Investment News

News Breaks
December 13, 2012
09:39 EDTVECOVeeco trades down to test its 10-day moving average, levels to watch
The shares are testing support at the 10-day moving average, last at $29.12. Support below the 10-day is at $28.68. Resistance is at $29.75. The stock was downgraded earlier today at B. Riley to Neutral, with a $31 price target. The firm cited the uncertain view for 1H 2013 and the delayed 10-Q filing as reasons for the downgrade.
News For VECO From The Last 14 Days
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May 28, 2015
06:56 EDTVECOSolar stock weakness seems overdone, says JPMorgan
JPMorgan attributes the 7% selloff in Tier-1 solar company stocks since May 15 to negative news from Yingli (YGE) and Hanergy Thin Film. The firm believes Yingli's issues are company-specific and that Trina Solar (TSL) results are a better barometer for the solar industry than Yingli and Hanergy. The firm's top picks in Alternative Energy are Canadian Solar (CSIQ) and SolarCity (SCTY). It also has Overweight ratings on Cree (CREE), Enphase Energy (ENPH) and Veeco (VECO).

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