For the record because many of these predictions get lost and forgotten...from these over the top experts who claim to not be short. Really...not short? Also, she called me ignorant over and over and over...which is not nice. Anyway, those predictions add up to big money on the short side, if true. And, if you know as much as stocksgirrl, surely you put your money where your mouth and knowledge is. Otherwise, what the &@%# are you doing?!
FYI...I will be first in line to say stocksgrrl is almighty, if these two predictions turn out true.
He had a phone in front of him during the audiocast, and mentioned it was the smartphone in which SWKS had the greatest amount of its' tech in. He said there was $10 of SWKS tech in it, and that happened to be the smartphone model with the highest $ content for SWKS. Any opinions as to what brand/model of smartphone that may be?
Further, he talked about complexity increases in today's and future smartphones which plays in SWKS favor because of their unique "total system" vs. individual chips, and their "customization" approach to each OEM. While commenting he mentioned how just a few years ago SWKS could expect content per phone to be around $1. However, given their unique solutions of today, and the increases in solution complexity, their content has increased to the place where the most complex solutions will provide for $8-$10 of content.
I found his comments very enlightening and encouraging.
Interes rates are NOT going up while we are in a no-inflation economy like we are now. A hike now would be massively risky at creating a deflationary economy leading to a near term recession, and the Fed knows this very well. "Patient" stays in the statement and there will be no rate hike in 2015, IMO. Oil stays low, and the dollar stays strong. Both of these are great for the economy...consumers especially. BULLISH stuff despite what all the worry warts want to say.
As of this post, I am done with this board. The value of this board is now near zero, IMO...very much unlike it was from January 2014 through about January 2015. I'm not intending to offend anyone, but things have changed.
That said, I am staying long SWKS with a very sizable number of shares into the foreseeable future since I believe their TAM and competitive advantages will drive incredible growth over the next several years. My EPS estimates remain FY15 $5.30 and FY16 $7.15. And, Cindy, figure out how for yourself. It's not THAT complicated.
There are a few posters here I enjoy communicating with, and I'm sure you know who you are. Should any of
you care to chat, drop me an email on yahoo. I'd enjoy continuing to share opinions about SWKS.
As usual, GOOD LUCK LONGS!!
They alluded to it recently in cc's, and it would fit their stated objective to offering complete system on chip solutions. They are consolidating more and more functionality on a single chip solution and in a customizable way. This makes them much more difficult to compete against. I expect they will acquire sensor expertise next.
You are obviously in the early days of your investing life. Before it costs you a lot of money like it did me many years ago, remember this...making apples v. oranges comparisons of companies to draw conclusions is expensive. Always estimate a companies value on its own fundamentals...not that of another company. The difference in growth prospects of each company is a good place to start your evaluation. You're welcome.
Instead of insults back and forth, I want to just say this. If SWKS falls below $98 tomorrow (as you predicted), and falls to the mid-$80's in October (as you predicted) I will from then on acclaim you the stock goddess you clearly are. If neither of these happen, I want an apology from you for the 20 times you've called me ignorant today. Ok? 😉
No 4% - 5% pullback today from Tuesday's close of $102.03, as was a virtual guarantee by you-know-who.
Not trying to pick on her. But, something is very suspicious about that poster, and when/what she decides to post about SWKS in her essay format. I'm calling #$%$ agenda on her, that's all.
Weathering short term storms is part of making money in the stock market. Swks has been a tremendous stock the past 18 months. The company's growth story is still intact. The stock and the sector are getting smacked for reasons that have nothIng to do with the individual financial perfromance and growth prospects. The downdraft will end. Adding shares while the stock struggles is a prudent move...albeit, a bit more caution is apparently warranted right now.
Good luck longs!!
I can't get myself to think in terms that are so micro and short-term. I mean, who knows what Wall Street will do with any stock around earnings? Buy and hold quality company's, and let others play the timing game. Once the dust settles the earnings performance will drive the stock up. That's my thinking. And, I'm not implying it's not your thinking, Cindy.
Attempting to time the market, or an individual stock, is a treacherous pursuit. I prefer to be patient, weather the inevitable pullbacks, buy those pullbacks, and stay the course when the company's future is so bright.