- Benzinga•3 hours ago
Loop Capital’s Betsy Van Hees seems to be bullish on semiconductor sector as she launched coverage of nine stocks all with Buy ratings. Following is a brief overview of her initiation comments on various ...
- Business Wire•8 hours ago
InvenSense, Inc. , a leading provider of MEMS sensors, is providing the Electronic Image Stabilization solution for the recently released OPPO R9S and R9S Plus smartphones.
If you’re a semiconductor investor worried about the recent spate of rumors of order cuts by Apple (AAPL) for its iPhone production, don’t worry, writes Pacific Crest’s John Vinh, reiterating today his positive stance on suppliers such as Broadcom (AVGO), Analog Devices (ADI), and InvenSense (INVN). Vinh’s colleague, Andy Hargreaves, this morning issued a note in which he cut his estimates for how many iPhone’s Apple may sell this quarter, and next, and in all of fiscal 2017, citing the company having made some adjustments to what it asks suppliers to build for it. Drawing from that research, Vinh writes, "we believe iPhone 7 momentum has begun to slow,” but he’s not concerned about the chip companies: Despite a more-muted iPhone 7 outlook, we see limited risk to estimates given (1) positive results from our carrier surveys indicate more-aggressive inventory management, (2) component suppliers have taken a more conservative stance on iPhone 7, (3) current orders are consistent with pre-launch expectations.
INVN : Summary for InvenSense, Inc. Common Stock - Yahoo Finance
InvenSense, Inc. (INVN)
NYSE - NYSE Real Time Price. Currency in USD
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|Bid||7.95 x 600|
|Ask||7.96 x 6200|
|Day's Range||7.55 - 8.06|
|52 Week Range||5.42 - 11.64|
Trade prices are not sourced from all markets
|PE Ratio (TTM)||-13.73|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|