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The Chips Are Down: Weak Forecasts Hurt Semiconductor Stocks
Friday, November 16, 2018 - 12:50pm | 949Read More...The bull market run that began in 2009 is mostly powered by tech stocks. Semiconductor stocks, which have nearly 14-percent weighting in the tech sector, have also had a fairly good run. October Mayhem The iShares PHLX Semiconductor ETF (NASDAQ: SOXX), an ETF tracking the investment results...
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Intel Is The Semiconductor Sector's Only Candidate For Estimate Raises, Nomura Says In Upgrade
Monday, October 22, 2018 - 10:01am | 580Read More...The PHLX Semiconductor Sector (NASDAQ: SOX) is down about 2 percent year-to-date, underperforming the broader market. Notwithstanding the sector's lukewarm prospects, a Nomura Insitnet analyst found a bright spot in Intel Corporation (NASDAQ: INTC). The Analyst Analyst Romit Shah upgraded...
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Nomura Upgrades Broadcom, Sees Dividend Hike Ahead
Monday, September 17, 2018 - 1:37pm | 427Read More...Broadcom Inc (NASDAQ: AVGO)'s second-quarter earnings were so good that one Wall Street analyst said they had no choice but to upgrade the semiconductor company. The Analyst Nomura Instinet analyst Romit Shah upgraded Broadcom from Neutral to Buy and raised the price target from $225...
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Tesla 'Is Arguably Just Getting Started,' But Needs Better Leadership, Nomura Says In Downgrade
Tuesday, September 11, 2018 - 8:17am | 563Read More...Elon Musk has drawn federal scrutiny and lost multiple subordinates for erratic behavior including apparent on-air pot smoking. Tesla Inc (NASDAQ: TSLA) is forfeiting friends in the process. The Analyst Nomura analyst Romit Shah downgraded Tesla from Buy to Neutral and cut the price target...
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Nomura Downgrades Intel Following CEO Departure
Monday, June 25, 2018 - 8:55am | 389Read More...Intel Corporation (NASDAQ: INTC) abruptly and unexpectedly saw CEO Brian Krzanich depart last week, and one Wall Street analyst says there's now simply too much uncertainty surrounding Intel for investors to buy the stock. The Analyst Nomura analyst Romit Shah downgraded Intel's stock from...
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Nomura Nearly Doubles Micron Price Target, Says Semiconductor Maker Has Further Upside Ahead
Monday, March 12, 2018 - 9:50am | 440Read More...Micron Technology, Inc. (NASDAQ: MU) investors seeking to take some profits off the table after the stock's 41-percent gain in 2018 may want to reconsider, as there is room for further upside ahead, according to Nomura Instinet. The Analyst Nomura Instinet's Romit Shah maintains a Buy...
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Wall Street Analysts Reflect On Tesla's Q4 Earnings
Thursday, February 8, 2018 - 1:58pm | 953Read More...Tesla Inc (NASDAQ: TSLA) posted marginal top- and bottom-line beats in its Wednesday earnings report, and traders retreated Thursday with a 5-percent pullback. Analysts reflected on the quarter with similar ambivalence. The Cash Situation Nomura analyst Romit Shah considered the report decidedly...
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Reports: Apple Could Ditch Qualcomm For Intel
Monday, February 5, 2018 - 2:20pm | 499Read More...Apple Inc. (NASDAQ: AAPL)'s relationship with supplier QUALCOMM, Inc. (NASDAQ: QCOM) could be one step closer to the end. What Happened? Qualcomm's status as a key component supplier to Apple's iPhone may be one step closer to coming to an end, Barron's reported. Qualcomm...
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Nomura: Qualcomm Has 'Gun To Its Head' With Broadcom's Hostile Takeover Attempt
Tuesday, January 16, 2018 - 3:47pm | 686Read More...It’s do or die for QUALCOMM, Inc. (NASDAQ: QCOM). Amid a hostile takeover bid from Broadcom Limited (NASDAQ: AVGO), Qualcomm received an upgrade from an analyst who said positive catalysts are emerging for a once-complacent tech company. The Analyst Romit Shah of Nomura...
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Nomura: Buy The Pullback In Lam Research
Thursday, December 7, 2017 - 10:38am | 407Read More...Lam Research Corporation (NASDAQ: LRCX) shares have shed about 14 percent since late November, and at least one analyst thinks now is the right time to build positions in the stock. The Analyst Nomura analyst Romit Shah upgraded his rating on shares of Lam Research from Neutral to Buy and...
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8 Semiconductor Stocks That Could Be Acquisition Targets
Monday, November 20, 2017 - 4:16pm | 555Read More...Cavium Inc (NASDAQ: CAVM) and Marvell Technology Group Ltd. (NASDAQ: MRVL) both traded higher Monday after Marvell announced a $6 billion buyout of its smaller counterpart. The new deal is just the latest in an industry that's red-hot with M&A. QUALCOMM, Inc. (NASDAQ: QCOM) was already in...
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Tesla Is To Vehicles What Apple Was To Cell Phones, According To This Analyst
Thursday, November 9, 2017 - 12:06pm | 437Read More...The Apple Inc. (NASDAQ: AAPL) iPhone has been one of the most successful products of all time and has created some huge returns for Apple investors over the past decade. According to one analyst, Tesla Inc (NASDAQ: TSLA) may be on the brink of following in Apple’s footsteps. The Analyst...
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Analyst Calls Out Nvidia's 'Astronomical' Valuation, Sees 42% Downside
Wednesday, June 14, 2017 - 7:40am | 340Read More...NVIDIA Corporation (NASDAQ: NVDA)'s stock hit an all-time high of $168.50 in early June and has since cooled down to the $150 per share level. Nevertheless, the stock is still higher by more than 40 percent in 2017, which implies longer-term shareholders are still positive. But this might not...
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A Quick Take On Big Tech's Q1 Results
Friday, April 28, 2017 - 10:00am | 426Read More...Some of the biggest and most notable tech companies reported their results on Thursday. Below is a quick take on Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon.com, Inc. (NASDAQ: AMZN) and Intel Corporation (NASDAQ: INTC)'s respective reports. Alphabet: 'Clean Beat' Nomura's Anthony DiClemente...
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Nomura Stands By Nvidia Downgrade, Recommends More Defensive Names
Wednesday, March 1, 2017 - 12:07pm | 233Read More...Nomura stands by its recent downgrade of NVIDIA Corporation (NASDAQ: NVDA) to Reduce, citing higher inventories and slowdown in gaming behind its cautious outlook, and investors have overlooked significant inventory rise in the January quarter. “Bulls argue that the change in inventory...
