CITI raised SWKS 2 days ago with $110 PT. All PT are about $30-$45 above where it trades. My guess is either a buyout or a buyout
They might wait as this has a chance for $70 even though PE taking into account cash would be less than 10 at that price
Gave up looking for answers. SWKS could earn $50/share and it would still barely hold $80. They will likely be bought out by someone at these prices.
Lost those 5% today. Dont get too excited. Eps for NXPI AND SWKS will be north of $7 but stocks can't stay above $80. Scam land
Both indices down. Nasdaq approaching down 1%. We pretty much are at early 2014 levels
Bear Market. All gains for last 2 years in many stocks have been wiped out. Dow is off 2400 from it's peak. That will take 2-3 years to recoup
This is what a Bear Market looks like. Nothing but down. EPS could be $10 on the year and a stock trades at $60. Does it make sense? The answer is NO. The stock market is broken and will likely be broken for another 2-3 years
Nice post but no one cares. Biotech going to 0 and rest of the market not far behind. Cramer declared a bear market and it appears he is on the mark. We are already down 10% or more YTD on several indices and will likely finish down 15-20% which is a bear market on a ytd performance