|Day Low/High||194.79 / 199.79|
|52 Wk Low/High||126.80 / 228.72|
It must be pointed out that earnings have been better than excellent, but calendar year 2022 expectations have been dropping.
These best-of-class stocks represent powerful investment trends that will be difficult to disrupt.
I want to give an options upside play some time here to play out.
Here on Tuesday morning Toyota announced that due to the parts and chip shortage it will suspend production for three production lines at two of its automotive plants. For context, the company has a total of 29 lines at 14 plants. Odds are this news...
Among other things, results revealed that quite a few firms are now facing a higher bar, and that reopenings have begun affecting consumer behavior in a number of ways.
With the stock market selling off in response to comments from Janet Yellen late morning today, I'm building a list of companies that we can either scale into further at Trifecta and Stocks Under $10, or add to the portfolio: Skyworks Blackberry NX...
So far, for the season, the blended rate of earnings growth for the first quarter now stands at an incredible 33.8%.
Here's where I'm comfortable increasing equity exposure to this growing business.
Where there will be change with the FOMC will be in the economic projections, the first made since December.
NXP Semiconductors gave a whopper of a dividend increase, but that's not the whole story.
While chip stocks have outperformed in recent months, some still look intriguing as tech stocks in general sell off this week.
Here's the kind I like to buy -- and the vetted stocks that you can play on 'good' risk.
Let's not kid ourselves that there is any longer some kind of relationship between price and value. Or fact and truth.
Buy the best and leave the rest to those who don't know better.
The tide might eventually turn in 2021, but chip demand looks poised to remain strong at least for the next few months.
All in all stick with the tipping pointers, they are the drivers of this and the next leg higher.
I will come back to these names over and over again as we are now in the sweet spot for many.
While Intel stumbled, other major chip developers and manufacturers have been generally upbeat amid strong end-market demand. And M&A activity is on the upswing again.
A cautious stance seems to be in order as traders may turn sellers despite the earnings numbers.
Here's how I'd play the stock with third-quarter results set for after the close Monday.
There is no stimulus deadline. There is no deal. There are only the games people play.
After years of being losers how did everything auto catch fire? Simple: the darned pandemic.
Demand for PCs, tablets and gaming hardware all still look quite strong. And smartphone sales are gradually picking up.
Fastly's big run-up in the weeks prior to its warning is a cautionary example of how many tech stock moves have had little to do with an informed analysis of a company's fundamentals.
This is what's known as a positioning week, and starting Monday you're going to hear a ton of things.
First, let's closely watch this semiconductor company for the telecoms, and then examine the industrials, transports and retailers.