Pre-Market Review: QUALCOMM, Alcatel-Lucent, Sonus Networks, and Tellabs

LONDON, July 24, 2013 /PRNewswire/ --

On Tuesday, July 23, 2013, shares in communication equipment companies ended mostly higher even as the broader market finished on a mixed note following weak manufacturing data from the Central Atlantic region. The major movers in the industry included Qualcomm Inc. (NASDAQ: QCOM), Alcatel Lucent S.A. (ADR) (NYSE: ALU), Sonus Networks Inc. (NASDAQ: SONS), and Tellabs Inc. (NASDAQ: TLAB). AAAResearchReports.com initiated preliminary technical research on QCOM, ALU, SONS, and TLAB. These free reports are accessible by signing today at:

http://www.aaaresearchreports.com/register/  

Shares in Qualcomm Inc. edged higher on Tuesday, extending their gains from previous trading sessions. The company's shares fluctuated between $62.21 and $62.75 before finishing the day 0.14% higher at $62.30. A total of 9.02 million shares were traded which is below the daily average volume of 14.41 million. Qualcomm's shares have gained 1.94% in the last three trading sessions and 2.69% in the last one month as compared to a gain of 0.18% and 6.28% in the S&P during the respective periods. The free technical analysis on QCOM is available by signing up at:

http://www.AAAResearchReports.com/QCOM072413.pdf

Alcatel Lucent S.A.'s stock continued its rally on Tuesday. The company's shares oscillated between $2.07 and $2.14 before finishing the day 0.94% higher at $2.14. A total of 8.80 million shares were traded which is below the daily average volume of 14.21 million. The stock has gained 6.47% in the last three trading sessions, thus outperforming the S&P 500. Moreover, the stock is trading above their 50-day and 200-day moving averages. Register now to download free research on ALU at:

http://www.AAAResearchReports.com/ALU072413.pdf

Shares in Sonus Networks Inc. ended the day flat at $3.51, despite hitting a 52-week high of $3.72 in the early trade. A total of 4.93 million shares were traded which is more than its daily average volume of 2.16 million. Sonus Networks' shares have gained 6.36% in the last three trading sessions, thus outperforming the S&P 500. The stock is currently trading above its 50-day and 200-day moving averages. A free report on SONS can be accessed by registering at:

http://www.AAAResearchReports.com/SONS072413.pdf

Tellabs Inc.'s stock moved higher on Tuesday, finishing at $2.22, up 1.37% from its previous closing price. The company's shares fluctuated between $2.17 and $2.23. A total of 1.91 million shares were traded which is less than its daily average volume of 4.00 million. The company's shares have gained 10.72% in the last one month and 14.43% in the last three months, hence outperforming the S&P 500 during the respective periods. Register with AAA Research Reports and download research on TLAB for free at:

http://www.AAAResearchReports.com/TLAB072413.pdf

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SOURCE AAA Research Reports