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Enter Symbol:
Applied Micro Circuits Corporation (AMCC) [hlAlert]

down 34.33 %

Applied Micro Circuits Corporation (AMCC) rated Buy with price target $12 by Sterne Agee

Posted on: Tuesday,  Jul 19, 2011  8:25 AM ET by Sterne Agee

Sterne Agee rated Buy Applied Micro Circuits Corporation (NASDAQ: AMCC) on 07/19/2011, when the stock price was $8.62.
Since then, Applied Micro Circuits Corporation has lost 34.34% as of 01/20/2016's recent price of $5.66.
If you would have followed this Sterne Agee's recommendation on AMCC, you would have lost 34.33% of your investment in 1646 days.

Applied Micro Circuits Corporation (AMCC) is engaged in designing, developing, marketing and supporting integrated circuits (ICs), which are essential for the processing, transporting and storing of information worldwide. The Company offers IC products for wireline and wireless communications equipment such as wireless access points, wireless base stations, multi-function printers, edge switches, gateways, metro transport platforms, core switches and routers. The Company provides consumer storage products by using the technologies, such as redundant array of independent disks (RAID), serial advanced technology attachment (SATA) and serial attached small computer system interface (SAS). Its customers use its products for storage applications such as disk-to-disk backup, near-line storage, network-attached storage, video, security and computing. On April 21, 2009, the Company sold its 3ware storage adapter business to LSI Corporation.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/19/2011 8:25 AM Buy
8.62 12.00
as of 12/30/2011
1 Week down  -3.03 %
1 Month down  -9.91 %
3 Months up  25.13 %
1 YTD down  -22.04 %

(*) Stock Price at the time of the recommendation.
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