Romit Shah

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...