|Day Low/High||185.85 / 189.79|
|52 Wk Low/High||74.47 / 191.99|
A report out from market research firm Trendforce calls for a 5.4% dip in March quarter smartphone shipments compared to the recently completed December quarter.
The outlook for the touchpad maker has not yet priced in a forecast of slower growth in PC sales.
Look beyond the headline earnings miss and see the upside for this touchscreen dynamo.
The expected growth in the touchscreen market has led to an influx of competitors.
I have identified three stocks that are worth buying today that fit this criteria as well as certain guru strategies.
They include Starbucks, Synaptics, QLogic, Riverbed and VistaPrint. I am playing Starbucks (SBUX) slightly net bearish into earnings, long the February $48 puts and $48-$44 put spreads. I will be long a small hedge of February $49-$50 call spreads. ...