|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||44.79 - 46.44|
|52 Week Range||34.59 - 49.99|
|Beta (5Y Monthly)||1.52|
|PE Ratio (TTM)||45.83|
|Forward Dividend & Yield||0.27 (0.59%)|
|Ex-Dividend Date||Feb 26, 2021|
|1y Target Est||N/A|
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Infineon Technologies AG (IFNNY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
QCRH, IFNNY, and BLDR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 12, 2021.
German chipmaker Infineon expects the global semi-conductor shortage to remain well into 2022, it said as it posted a 10% rise in fourth-quarter revenue on soaring demand for chips used in everything from cars to home appliances. Infineon, which gets about 40% of sales from the automotive sector, also forecast revenue of 3 billion euros for its coming first quarter, exceeding the 2.97 billion euros expected in a poll of 19 analysts by Vara Research.