Zynga Reiterated as a "sell" by TheStreet and Applied Materials Reports Strong Revenue in 2nd Quarter
Zynga, Inc. (NASDAQ: ZNGA) has been reiterated as a "sell" rating by TheStreet Ratings team with a ratings score of D+. The company recently announced that Hit It Rich! slots is now available worldwide on Google Play, giving consumers more options for how, when and where they play their favorite slots game. Hit It Rich! is one of the most popular Casino game on Apple's App Store and has the world's largest portfolio of branded social slots games.
Zynga Inc. develops, markets, and operates online social games as live services played on the Internet, social networking sites, and mobile platforms in the United States and internationally. The company offers online social games primarily under the FarmVille, Words With Friends, and Zynga Poker franchises.
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Applied Materials, Inc. (NASDAQ: AMAT) reported strong revenue and order growth in its second quarter ended April. Over the three months to April, the Company's revenue soared 19.2% year over year to $2.35 billion, inline with analysts' estimates. Quarterly orders of $2.63 billion was up 16% year over year.
Applied Materials, Inc. provides manufacturing equipment, services, and software to the semiconductor, flat panel display, solar photovoltaic (PV), and related industries worldwide. The companys Silicon Systems Group segment develops, manufactures, and sells a range of manufacturing equipment used to fabricate semiconductor chips or integrated circuits. This segment offers systems that perform primary processes used in chip fabrication, including atomic layer deposition, chemical vapor deposition, physical vapor deposition, electrochemical deposition, rapid thermal processing, ion implantation, chemical mechanical planarization, wet cleaning, and wafer metrology and inspection, as well as systems that etch or inspect circuit patterns on masks used in the photolithography process.
Get more information on Applied Materials, Inc. and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/AMAT
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