lizard, ......I pulled the headline from The Street. Also from The Street: United Technologies (UTX): "It's very levered to aerospace and it's trying to put in a bottom. I'm a buyer.".....Kid
Jim Cramer likes UTX, FWIW..........Kid
not-so-calm,............AMBA continues to bleed, now down 28.4% since your "immediate growth" call of August 16, 2015. Predicting is dangerous, especially about the future.............Kid
airborne,......Barclay still has an "equalweight" on UTX, that's not bad. Target is $100., so, I think that now is a good time to buy UTX. I have too much UTX, underwater, and will not add to my position. I'll have to fish in another pond......Kid
Ambarella and GoPro hit three-month lows in the stock market today amid the market's broad sell-off. Ambarella has been getting a lot of heat from short-seller Citron Research, which says that the chipmaker's valuation is "ridiculous." The chipmaker's shares gapped down in heavy trade, marking a fourth straight day of losses. The stock is now down about 30% from its all-time high reached on July 23. Citron published a report on the GoPro chip supplier in June - sparking a sell-off - and another one in late July, which outlined reasons why it believed the company would trade back at the 90 price level on its way to "much lower." Meanwhile, GoPro sank in above-average volume, marking its sixth straight session of losses. The stock is back below its 50-day and 200-day moving averages, and is now about 50% below its all-time high reached last October.
not_so_calm,..........."Shares of video chip maker Ambarella (AMBA) are down $8.24, or 8.5%, at $88.80, after re/code’s Ina Fried yesterday reported Qualcomm (QCOM) is looking to move into the drone camera component market, citing remarks from an interview with Qualcomm veep Raj Talluri.
Ambarella’s sales of its video capture parts to the drone market has been a consistent source of upbeat commentary from analysts.
Fried’s report prompted Citron Research this morning to update its negative view on Ambarella stock, writing that the shares could drop to $70":...............The guy who founded QCOM is from my home town, he sponsors 4 full college scholarships to graduates of his and my high school. If QCOM choses to compete with AMBA, I would be concerned if I were you.........Kid
"A person buying UTX when it was $120 hasn't lost a dime."...............Flyer,....Yes they have, big time, mark-to-market. My last closed trade on UTX was on March 20, 2015 when I sold at $120.19, I'm up 5 digits on my UTX trades this year, my 5th best gainer in 2015. But, I'm underwater on subsequent buys, I don't like that, its a real loss........Kid
not_so_calm,...............Thanks for your "immediate growth" stock tip on AMBA. AMBA is down 17.3% in the 5 days since your recommendation, not pretty. Fortunately, I do not invest on the basis of posts on the message boards. Yes, there has been a train wreck, I think that Hillary was driving the train, high on cocaine and her pants suit was down to her ankles when the wreckage occurred. W2B has predicted 14 of the last 2 corrections. Not_so_calm, are you W2B?.......................Kid
Aug 20 (Reuters) - United Technologies Corp is in talks to buy residential products maker Nortek Inc, the Wall Street Journal reported, citing people familiar with the matter.
Shares of Nortek, which makes ventilation and home security products, jumped as much as 25 percent to a record high of $92.96, valuing the company at about $1.48 billion.
kored is a perennial bear, he lives in a bomb shelter in Lowell, MA...............Japan has overtaken China to become the leading holder of U.S. Treasurys thanks to a flood of money coming out of its massive state pension fund -- and it looks as though it will be America's biggest creditor for some time to come, analysts say.
In February, Japan's holdings of U.S. Treasurys, at 1.224 trillion dollars, inched above the 1.223 trillion dollars held by mainland China, beating its rival for the first time in six-and-a-half years, according to the latest data from Treasury International Capital.
While capital inflows into China have slowed, a wall of money is flowing out of Japan following the change in the asset allocation policy of the world's largest state pension fund, the Government Pension Investment Fund of Japan (GPIF).
And that money is headed to the U.S., analysts said.
"Yields have been falling in the euro zone and speculation that the U.S. will be the only developed country to hike interest rates is accelerating the flow of Japanese money to the U.S.," Nomura market economist Shuichi Obata told CNBC by phone.
As of Apr 30, 2015, IndiGo had 96 A320 planes in its fleet. IndiGo initiated its Airbus orders in 2007 with 100 aircraft worth $6 billion which was followed up in Jan 2011 by a 180 aircraft order worth $15 billion at list prices.
The current order of 250 A320neo planes is much larger than its earlier purchases. The fresh order goes to confirm IndiGo’s brand loyalty and the intense competition in the growing low-cost carrier market in Asia-Pacific. Large orders also come with customary discounts thereby reducing the cost of operating assets for the carriers.
A320neo is a new darling for the commercial carriers due to its fuel efficiency, ability to carry two tonnes more payload and fly up to 500 nautical miles compared with other aircraft in the same class. Thanks to engines from Pratt & Whitney, a unit of United Technologies Corporation UTX, A320neo also lowers emissions and engine noise.
Airline operators worldwide try to keep their fleet as non-diverse as possible. It helps to cut down on operating expenses and ensures better after-sales services from the manufacturers.
not_so_calm,......Nice to see you surface. AMBA seems interesting, having a Santa Clara address gives it credibility. UTC 's one day revenue nearly equal AMBA's yearly revenues, so AMBA is a small company making a niche product. P/B and P/S are in the 12-13 range, kind of high. They do have earnings, that's good. I have about 16 stocks in my bucket right now, near my processing limit. But, I will watch AMBA. Thanks.................Kid
airborne,.......Hard work was prevalent in the 1930's and later. My father worked "pick and shovel" for many years, he worked on the Veteran's Home in Rocky Hill, CT., he worked building roads in upper New York state. He said at lunch time, he would take his shirt off an hang it on his shovel to dry. He dug a foundation for a house by hand for a friend. He bought our family house in 1941 and paid it off in three years. Later, he bought a fine 3 family house and when he went to get insurance, he was asked who held the mortgage. There was no mortgage, he paid cash. He taught us the value of hard work and disciplined money management. I'm 77 years old, I just got back from a 100 mile round trip to work on a house that I'm preparing for rental. I have too much hard work in my DNA. I think that you and I are much alike, except we dance different. .....Kid
W2B,......There you go again, assuming that most of the posters here are in the UTC 401-K plan. I would ask you to offer evidence that your assumption has any basis in fact. Free markets determine oil prices, interest rates, gold prices, cost of bananas, etc. The FED reacts to market excesses and tries to provide stability in the economy. Would you prefer Jimmy Carter interest rates in the 19-22% range?...........Kid
I started adding to my industrials, including chemicals, last week as they weakened as mentioned earlier. If Buffett could buy a Precision Castparts, I could add to GE, HON and UTX. There is tremendous value out there if you are patient. Find those companies making strategic changes to enhance their future prospects that are not fully recognized.