Samsung is the most broadly diversified technology company......Product Development Cycles are 2X faster than AAPL with semiannual major product releases..... Dominates HDTV, Galaxy Smartphones, Tablets, etc.
Large conglomerates like Koch Industries yesterday bought Oplink for its technology. Samsung could acquire AMD quickly if wanted.
Watch for large customer contracts by Samsung that has AMD Inside.
Published on Yahoo Finance for Micron Price Target:
Price Target Summary
Mean Target: 40.57
Median Target: 40.00
High Target: 60.00
Low Target: 12.00
No. of Brokers: 29
Two very bullish statistics based on historical patterns:
In 17 of 18 Past Midterm Elections the Market is Up 9% within 90 Days (Matt McCall on FBN Charles Payne)
BOA Survey of Wall Street Strategists Shows Only 52% Going in Equities= Very Undervalued. 96% Time That Happened then Market Up 25% in Next 12 Months (Matt McCall on FBN Charles Payne show)
for Corning and its technology in Gorilla Glass and recent partnership in Fiber Optic deployment with Zhone technology which is top 2-3 vendor in all of its markets.
1) Philadelphia factories orders rose, hiring plans the strongest in 21 years (Charles Payne FBN)
2) Retail outlook for XMAS raised by Best Buy who sees strong retail consumer shopping
3) Corporate Technology Capital Spending rising stronger than expected says Intel which includes PC upgrades demand from the old multiyear old installed base begun replenishment
4) US Leading indicators jumped higher and is on an uptrend
After months of being flat GLW deserves to participate in the market upturn with these fundys drivers
Tonight CNBC Cramer showed 4 charts based on Technical analyst Bob Lang who likes the following four evidences:
1) Too many Put Option buying in crude oil future was extreme 5:1 Put:Call buying last Friday. Too many bears
2) Several Years of Strong Stock Market during cheaper oil which drives Higher Profit (Higher Demand from Consumers; lower fuel cost; lower packaging cost)
Year.....Crude Oil....... SP500
3) Velocity of decline had frightened people. When velocity disappears the confidence returns, and the market rallies.
4) CBOE Volatility Ratio of 30 Days to 90Days: . the VIX to VXV
Whenever this ratio is over 1 it signals a major rally is begun. Every time it did this in 2014 the market rallied sharply. Yesterday Tuesday it went over 1. Today Wednesday it moved higher. The last 5 years the VIX has gone above VXV 14 times. One month afterward the SP has been up 12 of 14 times.
Medium-Term the SP500 should resume its climb higher as it has many other times.
I Believe It....Gartner & IDC a week ago reported Stronger PC Sales in All Regions Europe Up 10% US Up 4.x% and APJ laggard less negative. They forecast strong XMAS PC Demand. Retail Analysts expect strong XMAS season. Top 10 Retailers grew hiring for XMAS up 20% to 200% for WalMart, FedEX, Macys, etc.
Anyone who worked in Semiconductor or PC for 15 years or more knows the business is recovering.
You are Correct. High Puts quietly are being trimmed as the bashing phase is over. Nov-March very strong months & capex and Consumer Spending and Expectations rising with jobs and housing as the Fed noted in their early views to this.
Today & Yesterday 6 Positive Reports by AMD-Samsung and counterparts upstream and downstream in AMD's ecosystem as well as Manufacturing and Leading Economic Indicators were announced today:
* China Surprise Rate Cut
* Samsung+AMD Broad Technological Partnership Agreement
* US Leading Econ Indicators Jumped
* Philly Manufacturing Orders Rising, Strongest Hiring since 1993 (Fox Business Network Charles Payne)
* Best Buy Beat & Raised XMAS Guidance. XBOX Walmart volume discount push for AMD.
* PC Corporate Spend Rising Stronger than Expected said Intel who boosted dividend and outlok. Boosts AMD Graphics and Microprocessor Orders.
This Samsung Partnership, stronger PC, Manufacturing activity & jobs hiring, Retail results & outlook, and Economic Indicators Rising are favorable for Advanced Micro.
Deserves $4. CEO & Corning and other Partnership announcements need to awaken intwrested beliwf in Zhone.
Such large partnerships, like AMD+Samsung can have big surprise Sales Contracts. Revenue of $7.8 vs $0.212 B is 64X multiplier, so a small % increase to Corning has an enormous upside to Zhone.
This partnership is grossly overlooked. The stock ispummelwd down 58% since $3.7 when CEO was announced in July 4.5 months ago.
News from Reuiters says Samsung Sees Strong Chip Demand esp from PCs and Computers.... no chip war....no capacity supply issue well managed
Let Zhone's CEO reveal his "growth plan" including new BU Leader and Organization and Sales and Promotional Programs. This stock was falsely taken down over 50% the past three months since the CEO was announced.
Give him a chance to announce his growth plan. Don't try to talk down a falsely beaten down company on a faux market correction.
Zhone's leadership technology in the growing FiberLAN market #1-#3 position in all of its major markets, and a CEO who has grown & done wealth-creation deals with at least 4-5 recent companies deserves its price target $4.
Yes...MU Raised Guidance very recently which Fits with...
IDC & Gartner Reports that PC Demand Rising Stronger in All Regions w/ US +4% Europe +10%....
all regions Corporations & Consumers pivoting to buying more PCs...
IDC forecasts stronger XMAS PC shipments..
Good points by all. China's RECORD LARGE EXPORT & IMPORTS beating expectations... with Exports Up +15% Y/Y is acceleration. (not slowdown) Watch Intel INTC Tuesday Night...If they report solidly it will shock bears...if INTC Guides Higher the market will gap up severely.
And analysts will ask Microchip what is their company's problem?
There is something brewing and the CEO promised at the industry conference to very soon this time of October to reveal his "growth plan and new Business Unit" that will focus on FiberLAN. He has grown and sold 4-5 companies that I have read about. Is he always 3months into it and the stock slides?
Is he losing his stuff or is this just a temporary coincidence where we were hurt with 90% of stocks due to recent market mayhem?
It appears begun to turn thanks to Strongest Consumer Expectations in 7 years (probably due to cheap gas, oil) and US Fed and EU QE which appears near?
Hope when the market fully rises with some QE underpinning, that this CEO steps up, does some deals, and announces bold results and partnership deals. A big partner would turn a lot of heads.
He needs to build the buzz and get analyst heads turning.
Zhone's eye should be on the $5 to get this going in gear (avoid delisting) or build a bidding war for these great #1-#3 market position technologies.
ZD NET site quotes IDC Saying PC Orders RISING in Alll Regions. HPQ & MU BEAT+RAISED....IF INTC DOES BEAT+RAISE SURPRISE STRENGTH we will GAP UP
We all know this is the purpose of the new CEO after his 25 years CEO jobs record of buying and then selling. In the call he sounded happy about the company where as a CEO he sold it to Cisco.
July 18th 8.8 ZHNE Million Share Volume shows someone jumping in here at $3.55 to $3.85 Price. Daily Chart shows since then the MoneyStream line has held high (while volume went quiet).
Someone or Several Smart Money Investors positioned in ZHNE for a reason.
Volume M ok Netflix begun to come in on the big partnership agreement being deployed with giant bellwether Corning. This Zhone CEO is really starting to show his stuff....