I didn't like the idea of a cash deal at the start, but after going through the fundamentals, I think it's a wise move -- and here's why I'm adding the stock.
Take after legendary trader Jesse Livermore on this news.
Let's take a look at the charts.
Why should this IPO be valued more highly than Nvidia or AMD?
These recently downgraded names are displaying both quantitative and technical deterioration.
Downside risk has increased.
It's beating expectations, beating guidance, generating robust operating and free cash flows, and steadily rising recurring revenues.
Cybersecurity firm CrowdStrike got a new 'Buy' rating from a big firm, but my charts tell a different story.
This cutting-edge technology company is poised to propel artificial intelligence to the next level.
ARM's successful debut may breathe life into capital markets, but will it hold onto the 24.7% gain from its debut day?
Here's why traders who are long Google need to pay attention.
Strong balance sheets and huge cash positions that come bearing massive operating and free cash flows are not to be ignored.
From Oracle's disappointing earnings release to the government's antitrust suit against Alphabet, not all is hunky-dory with the tech sector.
With the British chip designer Arm due to debut on Nasdaq Thursday, parent SoftBank is looking to price the stock at the high end of the indicated range (or higher!).
The quarter was mixed. Sales were weaker than expected, as was revenue guidance.
In what may or may not be a key development, Nvidia stock experienced a downside piercing of both its 50-day SMA and long-term trendline of support.
SPLK was upgraded by TheStreet's Quant Ratings Service on Monday.
Here's what the charts are telling us.
The technical indicators of diversified software giant suggest caution in advance of its results.
From a macroeconomic perspective, this will be a much more active week than was last week.
I've got an answer for you.
This was not a bad quarter. The increased buyback is nice. Cash flows are impressive. The balance sheet is not as bad as it looks.
The chipmaker's stock is feeling the effects of China's edict that employees of government agencies can't use Apple iPhones for work.
Bullish or bearish, let's check out the charts and indicators.
Here's our updated technical strategy for the stock.
I find it almost alarming that amid the AI craze of the past quarter, this firm's acceleration has clearly slowed.
Apple investors will have to decide, among other things, if this reflects larger problems in terms of valuation and/or potentially declining consumer activity.
Let's check the charts and indicators to see.
Along with Palo Alto and SentinelOne, all four cybersecurity names are at the top of their field as far as quality in technology.
The cloud security company was showing mixed technical signals ahead of posting an earnings beat but warning of slower revenue growth near term.