|Bid||47.07 x 1000|
|Ask||47.09 x 1100|
|Day's Range||47.02 - 47.88|
|52 Week Range||42.04 - 57.60|
|Beta (3Y Monthly)||0.80|
|PE Ratio (TTM)||14.70|
|Forward Dividend & Yield||1.20 (2.46%)|
|1y Target Est||N/A|
Chip stocks like Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA) have also turned themselves into gold for investors. Nvidia came to the market in October of 2000 and since then has generated a return of 1,059.25%, however most of that has come from 2016 on. Intel came to the market in October of 1971 and since 1989 has generated a return of 7,818.30%.
After rising steadily over the last three years, Nvidia (NASDAQ:NVDA) stock fell sharply in early October. As a result, all of the gains that Nvidia stock generated since June 2017 have disappeared. Now, investors need to know whether they have a great stock that went on sale or if they’re looking at a falling knife.
Many of the semiconductor stocks have sold off in the recent market weakness and are now trading with single digit P/Es. Should value investors be taking a look?
The semiconductor industry was hit by the October sell-off after two years of strong growth. Many investors cashed out before the October sell-off. Among the top gainers was Advanced Micro Devices (AMD), which rose 164% between January 2 and October 2 before falling 34% between October 2 and November 20. Despite the October crash, AMD stock rose 86.9% year-to-date.
Qualcomm (NASDAQ:QCOM) stock continues to be a roller coaster. Less than three months ago, QCOM stock reached its highest levels in almost four years. Since then, QCOM stock has dropped 28% and is now threatening to broach its multi-year support near $50.
2018 has been a volatile year for the entire stock market. The United States–China trade war has created demand uncertainty. The tech sector and the semiconductor industry overcame the first two sell-offs and continued their growth trend.
Nvidia stock seemed at worst to have a growth trajectory that would last for years, backed not only by gaming, but also by datacenter, artificial intelligence, and automotive. With NVDA stock now at $150, valuation seems less pressing.
The stock market has undergone an intense selloff, and one of the sectors getting hit hardest is the semiconductor space. In other words, INTC stock has demonstrated an impressive resilience amid the recent market turbulence. The valuation of Intel stock is low, while the chip maker’s balance sheet is healthy and supported by strong cash flows.
Semiconductor stocks were red-hot in 2017 and at the start of 2018, but they have been some of the weakest names in the market over the last three months. The weakness in semiconductor stocks could be attributed to the end of the super cycle, which actually began in late 2017 as NAND pricing came under pressure, and the worries surrounding these stocks have worsened as we have gotten closer to 2019. Nearly every company in the United States has benefited from the changes in the tax code, but the big boost to earnings growth in 2018 will cause a hangover effect in 2019 as growth rates come down significantly to more normal levels.
Grappled with multiple woes, NVIDIA (NVDA) is an unfit investment choice at present. Instead, four semiconductor stocks with lucrative prospects grab investor attention.
Analyst Tristan Gerra is forecasting “eight consecutive quarters of gross margin and EPS contraction,” prompting him to slash his target on the stock from $75 to $32. Virtus Financial’s Joe Terranova is watching Intel since unlike its competitors it’s higher for the quarter, while Douglas C. Lane’s Sarat Sethi likes Nvidia after its significant pullback.
Xilinx's (XLNX) Zynq MPSoCs can now be used to build AI-based applications in industrial 4.0 platforms of future generations of automotive, aerospace and AI systems.
IoTG General Manager Tom Lantzsch's presentation at the UBS Global Technology Conference had some enlightening takeaways for long-term investors.
No need to mince words — the past few weeks have been rough ones for tech stocks. The S&P 500 Technology Sector Index has fallen more than 14% since early October, reaching a new multimonth low on Friday. The third quarter was a record-breaking one for the technology sector’s stocks.
Investing.com - Nvidia rallied Tuesday, lifting the broader semiconductor index above the flatline, after short-seller Citron Research said it had snapped up the chipmaker's shares, citing a favourable valuation.
Most stocks have been thoroughly shaken and stirred since early October, and a long-overdue corrective move finally took shape. Not even the bluest of the blue chips have been immune. The Dow Jones Industrial Average still is off its record high from a couple months ago, and several Dow stocks still are vulnerable to more selling. The initial shellshock has started to fade, however, the smoke is clearing and some stocks are recovering. Smart investors are now weighing the impact and searching for opportunities. Some Dow Jones stocks may have more downside to dish out, but a handful of these iconic names are looking oversold, undervalued and ripe for a rebound sooner than later. Remember: Corporate earnings have never been better, and consumer confidence is as high as it's been in years. Clearly something is going right. Here's a look at five Dow stocks that may have more ground to give up before they hit bottom, and two industrial-average components that may already be buys at current prices. But a note: Most of these "stocks to sell" are merely in short-term trouble. A sizable pullback from any of them could ultimately turn into a buying opportunity. SEE ALSO: 12 Vulnerable Stocks to Watch on Market-Wide Weakness
Semiconductor shares had an impressive run between April 2016 and March 2018. Several stocks beat the market returns and generated significant returns. Due to the cyclical nature of this industry, the growth has flattened, which caused the share prices to decline.
Keysight's (KEYS) collaborations with SK Telecom and China Telecom are anticipated to enable the telcos in attaining their respective 5G deployment goals.
FAANG stocks have plunged due to investor skepticism over growth prospects. Here are five tech stocks that are suitable for a winning portfolio.