154.35 +2.49 (1.64%)
Pre-Market: 7:31AM EST
|Bid||154.50 x 1000|
|Ask||154.70 x 1200|
|Day's Range||145.65 - 152.86|
|52 Week Range||133.31 - 292.76|
|Beta (3Y Monthly)||2.65|
|PE Ratio (TTM)||20.29|
|Earnings Date||Feb 6, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||0.64 (0.40%)|
|1y Target Est||230.24|
On its face, the valuation of Micron Technology (NASDAQ:MU) seems absurd. As I detailed back in September, there’s a legitimate bear case for Micron stock. At the same time, however, I argued a month later that MU stock was set to bottom, as it had become simply too cheap even if the bears were right.
Shares of Nvidia (NASDAQ:NVDA) have been hammered since the start of October. The rout in Nvidia stock pained a lot of long-term investors and shaken out, or caused severe losses for, a lot of recent buyers. NVDA stock suffered a 50% decline in just 35 trading sessions from its early-October highs.
Calendar 2018 was a flat year for stocks. What happened to Nvidia stock in 2018? Also, escalating trade war headwinds have caused global semiconductor demand to drop amid rising costs. Overall, Nvidia’s growth fundamentals have weakened throughout 2018.
If you want an edge in investing, you need to look at money flows from the smart money and the momo crowd.
Stocks that moved substantially or traded heavily Monday: Nutrisystem Inc., up $9.48 to $43.68 The weight loss company agreed to be acquired by Tivity Health for $47 a share in cash and stock. Yelp Inc., ...
The United States’ largest tech company, Apple (AAPL), has faced a storm of negativity lately. The company had lost about 25.4% in the fourth quarter of calendar 2018 so far. It was trading 0.4% lower on a year-to-date basis as of December 7. Reports about softness in demand for new iPhones have hurt investor sentiment over the last couple of months. Today, more news from China added to Apple investors’ misery.
Just when a glimmer of hope started to shine, the market found a way of pulling the rug out from unsuspecting investors. Advanced Micro Devices (NASDAQ:AMD) set the pace, losing 8.6%, though Nvidia (NASDAQ:NVDA) wasn’t far behind with a loss of 6.8%. Marijuana stock Cronos Group (NASDAQ:CRON) jumped 21.7% on news that cigarette giant Altria Group (NYSE:MO) was acquiring a major stake in the Canadian company.
American tech giant Apple (AAPL) has been known for its innovative and quality products since its inception. In the latest blow to Apple, it seems to be losing its legal battle with popular chipmaker Qualcomm (QCOM) in China.
As a result, analysts reduced their fourth-quarter EPS and revenue estimates for AMD by 17% and 8%, respectively. Analysts also slashed AMD’s fiscal 2019 revenue and EPS estimates by 3% and 4%, respectively.
These are some of the best-performing analysts of 2018, and here are a few of the names they are betting on for 2019.
This has been an epic year for the stock markets. At the heart of the battles are the chip stocks, especially Advanced Micro Devices (NASDAQ:AMD). In the summer it rallied 160% while the VanEck Vectors Semiconductor ETF (NYSEARCA:SMH) was in a sideways seesaw.
Nvidia (NASDAQ:NVDA) has just unveiled a new technology that may well let virtual reality become what it was supposed to already be by now. Gamers, VR fans, technophiles and Nvidia stock owners, on the other hand, will almost surely be impressed. Nvidia has developed a way to create an interactive virtual reality environment using real-world videos rather than creating that world with nothing but computer coding.
Although 5G has launched in a handful of markets, 2019 will become the year when it begins to operate on a large-scale basis. Hardware manufacturers have released chips for phones and other devices that can support 5G, and help 5G stocks. Since 5G will likely bring new applications not yet imagined, we cannot know the full extent of the changes it will deliver.
As of December 7 at 12:15 PM EST, Apple stock was down 2.4% from its previous day’s closing price, extending the losses it had seen in the last couple of sessions. On a quarter-to-date basis, AAPL has fallen 22.6% compared to the 10.3% fall in the NASDAQ Composite Index (QQQ) in the fourth quarter so far. Earlier today, popular investment company Morgan Stanley revised its price target on Apple stock to $236 from $253, CNBC reported.
Advanced Micro Devices (AMD) has been looking to tap the high-end data center market, which is governed by Intel’s (INTC) Xeon CPUs (central processing units) and NVIDIA’s (NVDA) Tesla GPUs (graphics processing units). Intel and NVIDIA have launched several suites and generations of data center and AI (artificial intelligence) products.
Many of the major players like NVIDIA (NVDA) and Texas Instruments (TXN) reported weak earnings guidance for the fourth quarter. Broadcom (AVGO) stood apart from the crowd. Broadcom reported its better-than-expected third-quarter earnings and strong guidance on December 6, which sent the stock up 5.2% in the after-market session.
The arrest of the chief financial officer of Huawei Technologies is sure to put a crimp in the Trump Administration’s truce with China over trade, but investors are also nervous about the impact the whole saga will have on Silicon Valley
NVIDIA's (NVDA) T-Rex is the latest high-end Turing-based GPU, offering more powerful ray tracing capacity and increased performance speed.
Learning how to invest in stocks can be intimidating. Stock market beginners face many questions. How to buy stocks? When to sell? How to read charts? Here you'll find answers.
Snap (NYSE:SNAP) is never a stock I’ve liked very much on the long side. Snap has solid revenue growth, but also bleeds too much money. Snap is down more than 50% so far in 2018 and at some point, it will likely bottom.