83.27 +1.30 (1.59%)
Pre-Market: 4:40AM EDT
|Bid||83.03 x 800|
|Ask||0.00 x 800|
|Day's Range||79.34 - 82.50|
|52 Week Range||48.56 - 82.52|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||52.41|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||2.48 (4.35%)|
|1y Target Est||68.48|
Sebastian Hou of CLSA says inventories in the semiconductor sector are still excessive, and its current rally may not last into the second half of 2019.
Kim Strassel, Holman Jenkins and Dan Henninger discuss their hits and misses of the week which include the Qualcomm-Apple settlement, Eric Swalwell, and New York City for its falling population due to the cost of living. Image: Getty
-- nubia, OnePlus, OPPO, Vivo, Xiaomi and ZTE Devices Participating in the Launch are all Based on Qualcomm® Snapdragon™ 855 Mobile Platform with X50 5G Modem and RFFE Solutions -- -- Collaborative 5G ...
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Jacobs drops Qualcomm takeover bid At least two developments this month have served to eliminate uncertainties over the fate of Qualcomm (QCOM). First is the
Understanding Intel's Exit from the 5G Smartphone Modem Business(Continued from Prior Part)Rumors around Intel’s mobile business exit Intel (INTC) exited the 5G smartphone modem business immediately after Qualcomm (QCOM) and Apple announced the
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGOQualcomm secures business contracts Qualcomm (QCOM) and Apple recently announced a surprise settlement of their epic legal dispute where they sued and countersued each other in several
Understanding Intel's Exit from the 5G Smartphone Modem BusinessIntel’s 5G smartphone modem exit comes as a surprise On April 17, Qualcomm (QCOM) and Apple (AAPL) suddenly settled their two-year licensing dispute, over which the two companies had
Leading the Apple (NASDAQ:AAPL) rumor mill today is details about the 5G iPhone. Today, we'll look at that and other Apple Rumors for Monday.5G iPhone: More details about possible plans for the 5G iPhone are coming out, reports 9to5Mac. According to analyst Ming-Chi Kuo, Apple will be getting the chips for its 5G iPhone from two companies. This includes Qualcomm (NASDAQ:QCOM), as well as Samsung. Kuo also believes that the launch of a 5G iPhone will result in sales between 195 million and 200 million units. He expects the device to come out in the second half of 2020.Pay: JC Penney (NYSE:JCP) is no longer accepting Apple Pay at any of its stores, AppleInsider notes. The change wasn't formally announced by the company, but was revealed in a post on Twitter (NYSE:TWTR) after a customer asked about it. The change also means that customers can't use Pay to complete transactions through the JC Penny iOS app. The company also isn't accepting any other form of contactless payment, either.InvestorPlace - Stock Market News, Stock Advice & Trading TipsiOS 12.3 Beta: A new beta for iOS 12.3 is out, reports MacRumors. This is the newest version of the beta available to developers. It is also the third version of the developer beta to come out. It is available from the Developer Center or via an over-the-air update. Those taking part in the public beta of iOS 12.3 will likely see an update in the next few days.Check out more recent Apple Rumors or Subscribe to Apple Rumors : RSS As of this writing, William White did not hold a position in any of the aforementioned securities. Compare Brokers The post Monday Apple Rumors: 5G iPhone May Get Chips from Two Sources appeared first on InvestorPlace.
Modem-Licensing Saga Ends as Apple and Qualcomm Settle(Continued from Prior Part)What was at stake for Qualcomm? The Apple-Qualcomm (AAPL) (QCOM) licensing dispute dates back to January 2017. With this lawsuit, Apple intended to pressure Qualcomm
A 5G-equipped iPhone with a faster cellular internet connection would give consumers a reason to upgrade from older models.
Modem-Licensing Saga Ends as Apple and Qualcomm Settle(Continued from Prior Part)Apple-Qualcomm dispute In January 2017, Apple (AAPL) filed a lawsuit against Qualcomm (QCOM) accusing the latter of charging a royalty on technology that had nothing to
[Editor's note: This story was previously published in February 2019. It has since been updated and republished.]Is it finally over? Are China and the United States finally going to be able to come to trade terms both parties can live with? Nothing is ever certain in the current political environment. But both countries seem to have grown weary enough of the tariff war to seriously come up with a solution that takes the brakes off the global economy.The next obvious question: What are the best stocks to buy now that China and the U.S. are starting to look like potential trade partners again, rather than trade foes?InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe knee-jerk answer is the same companies that suffered the most when the trade war became a reality. But,the list doesn't necessarily have to end there. The impact of tariffs has shaken things up on a fairly permanent basis, and some new players have slipped into more meaningful roles thanks to some rather serious shakeups in the trade landscape. * 7 Healthy Dividend Stocks to Buy for Extra Stability Here's a rundown of nine of your best bets if China and the U.S. look like they're going to ink a deal very soon. Skyworks Solutions (SWKS)It's a bit off-the-radar, as its wares are found inside the world's most popular consumer electronics with someone else's logo on the outside. But, without Skyworks Solutions (NASDAQ:SWKS), your iPhone, Samsung Galaxy and other smartphones may not work quite as well as they do.Although it has been tricky at times to figure out just how subject Skyworks is to the tariff war that may be winding down soon -- in that it's supposed to apply to finished goods and not components -- such details haven't mattered entirely. An estimated 83% of its revenue comes from Chinese customers. One way or another, the expanded trade war has created a problem that an end to the trade war could quell. Caterpillar (CAT)Truth be told, the rising costs of raw materials stemming from increased tariffs has been more bark than bite for Caterpillar (NYSE:CAT). Although the company didn't comment on their fiscal impact in the fourth quarter, during the third-quarter recently-imposed tariffs only added $40 million worth of expenses. That's roughly one-third of 1% of Q3's revenue -- more than absorbable.That's not to say the trade war isn't taking a toll on the heavy equipment maker though. While Q4 sales grew everywhere else, revenue driven by the Asia-Pacific market during Q4 were down 4% year-over-year. Some analysts fear that a continued trade war could take an even bigger bite out of the bottom line this year. * 7 Healthy Dividend Stocks to Buy for Extra Stability Yet, it's fear more than anything else that's holding CAT stock back. Qualcomm (QCOM)We'll never really know for sure if the endeavor to unite Qualcomm (NASDAQ:QCOM) and NXP Semiconductors (NASDAQ:NXPI) was blocked solely to make a statement at the onset of new tariffs, or if China's would have barred it under any circumstances. It would be naive, however, to believe the ruling wasn't at least politically motivated.Since then, surprisingly enough, Qualcomm has largely escaped the brunt of new tariffs. Its fiscal Q1 sales and earnings both fell year-over-year, but both also exceeded expectations as the company and its Chinese partners worked past usually contentious problems to find a royalty arrangement that all parties can accept.The stock has thus far been non-responsive to the company's success, with most investors likely fearing its relationships with Chinese partners are strained. If the rhetoric changes for the better though, that unmerited doubt could leave, and lift QCOM stock with it. Tyson Foods (TSN)It has been a largely overlooked victim of the trade war, not being nearly as sexy higher-profile tech names. The relatively few investors that watch or own Tyson Foods (NYSE:TSN), however, know the true depths of the problems the tariff war has created for the company.Chief among those problems is the waning price of meat.Mostly priced out of overseas market thanks to retaliatory tariffs, the United States is suffering from a glut of meat -- and chicken in particular -- that's crimping market prices. The end result? Profit margins on chicken sales should roll in at only 6% this year, down from 2018's 9.4%. * 7 Healthy Dividend Stocks to Buy for Extra Stability Tyson Foods has somewhat sidestepped the challenge by looking to acquire more international exposure. But, such dealmaking isn't always as cheap or as effective as organic, home-grown growth that includes rekindled sales to overseas customers. An end to the trade war would facilitate just that. Ford Motor Company (F)To be clear, Ford Motor Company (NYSE:F) was fighting an uphill battle anyway, even before President Trump was elected. Automobile sales reached a cyclical peak in 2015, and the iconic carmaker's stock actually topped out before that.Nevertheless, tariffs on materials imported from China coupled with tariffs on vehicles exported to China has created a headwind the company just doesn't need right now. In September of last year, CEO James Hackett suggested steel tariffs had already reduced the company's profits by a total $1 billion just since going into place in 2018. Meanwhile, Q3 revenue from its China arm was lower by 15% year-over-year thanks to retaliatory tariffs.Already sporting a rock-bottom, forward-looking price-to-earnings ratio of 7.1, even a half-hearted trade agreement could position Ford as one of the market's best stocks to step into. Ctrip.Com International (CTRP)Ctrip.Com International (NASDAQ:CTRP), for the unfamiliar, is China's equivalent to Expedia Group (NASDAQ:EXPE) or Tripadvisor (NASDAQ:TRIP).Online travel agents weren't much of a need in China just a few years ago. But, global economic growth gave rise to a new level of consumerism there, growing paychecks to the point where a huge swath of new entrants into the country's middle class could afford to travel.No sooner had China's middle-class consumerism reached full speed before tough tariffs slowed the country's economic engine down last year. The nation's consumer confidence, after peaking a year ago, has fallen substantially since then, as workers increasingly realize President Donald Trump wasn't bluffing. * 7 Healthy Dividend Stocks to Buy for Extra Stability An end to the trade war could easily light a fire under Ctrip shares. Deere & Company (DE)While Caterpillar is the machinery company that's made the most noise in response to new tariffs, farm implement outfit Deere & Company (NYSE:DE) is arguably a bigger victim. It's also, however, better positioned to recover once the tariff war comes to a close.The company is fighting not one war, but two.On one front, it's bearing the added cost of materials needed to manufacture tractors and pickers, while struggling to keep its wares affordable enough to China's farms that need high-throughput farm equipment.The second -- and arguably bigger -- hurdle Deere faces right now is diminished demand from U.S. farms that suddenly find themselves struggling to sell their goods overseas. The 25% levy China imposed on U.S. grown soybeans, for instance, has all but halted sales of U.S. soybeans there. Farmers aren't interested in buying equipment that won't at least pay for itself. Walmart (WMT)Add Walmart (NYSE:WMT) to your list of the best stocks to buy if and when the trade war finally cools off, for the obvious reason.To its credit, the world's biggest retailer has made a deliberate effort to procure and sell more goods made in the United States. There's only so much inventory U.S. companies can supply though. For goods like luggage, vacuum cleaners, furniture and electronics accessories, China may be the only viable source. It has been estimated that as much as three-fourths of the merchandise sold in Walmart stores is made in China. * 7 Healthy Dividend Stocks to Buy for Extra Stability Thus far, the company has been able to navigate tricky tariff waters, keeping most prices at palatable levels. There's no getting around the reality, however, that an end to the tariff war would be a huge relief to owners of WMT stock. A. O. Smith (AOS)Finally, A. O. Smith (NYSE:AOS) may end up being one of the biggest winners of an end to the increasingly nagging trade war.It was already noted that the rise of middle-class consumerism in China proved to be a boom for Ctrip, but the nation's cultural shift didn't end there. For some of China's residents, better-paying jobs meant growing demand for water heaters. For some families, it was their first hot water tank.So far the company has managed matters reasonably well. Although its third-quarter report was lackluster, it could have been worse. Last year's top and bottom lines were still record-breaking.Nevertheless, the company fears a prolonged trade war could increasingly weaken results. CEO Kevin Wheeler added to the organization's 2018 report "Assuming relatively flat consumer demand in 2019 and without the impact of the previously disclosed channel inventory build we experienced in 2018, which we estimate was at least 5 percent of 2018 China sales, we project China sales will decline by 3 to 6 percent in 2019 in local currency terms and 7 to 10 percent in U.S. dollar terms."An amicable end to the trade spat, of course, would turn that headwind around.As of this writing, James Brumley held a long position in Ford. You can learn more about James at his site, jamesbrumley.com, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post 9 Best Stocks to Buy on U.S.-China Trade Optimism appeared first on InvestorPlace.
Modem-Licensing Saga Ends as Apple and Qualcomm SettleQualcomm and Intel make new 52-week highsApril 17 was a historic day for Qualcomm (QCOM), Apple (AAPL), and Intel (INTC), with the stocks of Qualcomm and Intel making new 52-week highs. On the
It is commonly assumed today that 5G, the fifth generation mobile technology that has yet to become a large scale commercial reality, will be dominated by China. Proponents argue that China is moving ahead quickly to build out the necessary infrastructure, while the US and particularly Europe lag behind.
Wednesday morning brought with it an unexpected development. Apple (NASDAQ:AAPL) and Qualcomm (NASDAQ:QCOM) had settled their years-long legal dispute. And Intel (NASDAQ:INTC), in response, slunk away from the 5G space with its tail between its legs. That's because, of all the winners that 5G stocks will create, Intel believes it's already lost out in the mobile 5G space, which our own Matt McCall predicts to be a mega-opportunity that comes along once in a lifetime:"Only one company can be first. But in the coming years there will be a slew of big winners as 5G becomes mainstream," Matt wrote recently on InvestorPlace.com.Let's take a trip down memory lane to better understand the opportunity we have with 5G stocks …InvestorPlace - Stock Market News, Stock Advice & Trading TipsLong before Netflix (NASDAQ:NFLX), there was Blockbuster. You may remember it. Personally, the local Blockbuster in my small hometown was an entertainment hub. Beyond row after row of thrillers, horror flicks and obscure kung-fu dubs, you could find candy, popcorn and those gigantic lollipops no reasonable person could finish. Some Blockbuster stores, mine included, had video game stations set up to test out the latest in next-gen tech. I could spend hours there, and sometimes did.When the dial-up modem came along, I still frequented my local Blockbuster.When Netflix.com came online in 1998, the first web-based rental retailer, I still visited Blockbuster. * 10 Best Stocks to Buy and Hold Forever But when the Netflix app became available on mainstream entertainment hubs -- like set-top boxes and Microsoft's Xbox 360 - my trips to Blockbuster thinned. The internet had expanded beyond dial-up, and by this time in 2008, Netflix had found the perfect confluence of application, platform and technology. I soon stopped visiting Blockbuster altogether.The entertainment hub had moved online, and Blockbuster shrunk from the challenge … not unlike what Intel is doing today. Sure, Blockbuster made attempts to staunch the bleeding. Remember Total Access? It was Blockbuster's way of becoming Netflix, only it chose to mail DVDs rather than stream video. Intel's exit from the 5G mobile space, where the market opportunity is the largest for 5G stocks, reminds me of Blockbuster's wrong decision …Why would Intel back off if the opportunity is so great?From Ars Technica:"Then last year, as Apple's legal battle with Qualcomm heated up, Intel became Apple's sole supplier for 4G wireless chips in the iPhone. Intel additionally was working to develop 5G chips for Apple to use in future versions of the iPhone. But recent reports have indicated that Intel was 'missing deadlines' for the wireless chip that was slated to go into the 2020 model of the iPhone.Fast Company reported earlier this month that 'in order to deliver big numbers of those modems in time for a September 2020 iPhone launch, Intel needs to deliver sample parts to Apple by early summer of this year, and then deliver a finished modem design in early 2020.'If Intel had failed to provide Apple with 5G chips in a timely manner, that would have put Apple in an untenable position. The iPhone's competitors would be able to offer 5G capabilities using Qualcomm chips, while Qualcomm could have denied Apple access to 5G chips as long as the patent battle continued."Intel didn't so much leave the space as it was forced out of it. But the company remains positioned for other 5G applications, although not in the most profitable arenas. At any rate, there's a certain significance to the quashing of bad blood between Apple and Qualcomm …5G is nearly here, and even the worst of enemies couldn't allow themselves to be left behind. Where to Find 10X, 20X, 30X Gains in 5G StocksApplication, platform, technology - or APT, if you need a mnemonic device. These are the main ingredients of disruption that took Blockbuster offline. An application based on advanced technology without a viable platform is disruptive in theory, not in practice.It wasn't until the proliferation of high-speed internet that Netflix was able to even introduce streaming. Once the technology was in place, all Netflix needed was a high-volume platform to traffic its application. Put the three together and you have yourself a once-every-ten-years kind of investment.Since January 2008, NFLX gained roughly 10,000% … With 5G just around the corner, we're on the cusp of another explosive opportunity.Here's what Matt writes in Investment Opportunities:"In just a few short years, your daily routine will look something like this:Your smartwatch buzzes to wake you up once optimal sleep has been achieved. It lets you know that your vital signs all good - it monitors your blood pressure, pulse, sleep stats, and more - and sends them off to your doctor's database for preventative measures. Finally, that same smartwatch notifies your coffee machine to turn on and start preparing a warm cup of joe for your morning commute.As you get ready to leave the house, the refrigerator beeps to alert you that you are running low on eggs and milk. It sends a reminder to both your phone and car so you won't forget to stop at the store before returning home.Your commute is made nice and smooth by a variety of things. First, your car drives itself, so you can focus on other things like your to-do list, which your car has synced with your work computer. You can even pay your mortgage by linking up to the auto's 5G-powered Wi-Fi connection. Then there are the smart roads, which have chips embedded in them that help control traffic via connected lights.When you get to work, your autonomous vehicle drops you off and leaves to find a place to park until you are ready to head home. While doing so, it sends a signal to the control device in your office that turns on the lights, sets the temperature, opens your email. Everything is ready the moment you sit down.That's just the first 90 minutes of how a connected day will look in a few years!Will it make your life easier? There's no question."The world described above is made possible by a confluence of applications, technologies and platforms. With 5G, everyday applications will speak to each other in the literal blink of an eye.Without 3G, Apple never would've introduced the App Store, which changed the way we interact with our mobile devices forever. The introduction of 5G, too, will bring with it a step change that introduces entirely new applications. At the same time, the platforms and technology are coming into focus. Together, they form the perfect environment for the next "Netflix" to thrive.One such 5G company, Ericsson (NASDAQ:ERIC), has its fingers in many pies. It has the sort of applications that could be game-changing, including self-driving car connectivity, cloud communication and cellular IoT. Further, Ericsson is instrumental in building out the 5G technology itself.To aid in the standardization of 5G technology, Ericsson's investors, 130 of them to be exact, have joined forces in "the largest in cellular communication in terms of number of inventors, anywhere in the world."Ericsson isn't the only company Matt has identified which could see major gains as 5G rolls out. If you're interested in getting more from Matt on this trend, as well as the other 5G stocks he's recommending, click here. Matt McCall Readers Received a Profitable Heads-UpOn Wednesday, the day Apple and Qualcomm settled, Ericsson shares added 7.5% on blowout earnings, affirming ERIC's position as a market leader in 5G.In fact, Matt recommended buying Ericsson stock on any dips below $9.25, and on Wednesday, ERIC stock soared 7%-plus. If you listened to Matt and bought at the $9.25 level, you'd be up 12.32%. If you bought at its January low of $8.29, you'd be sitting on gains of 25%.Here's what Matt most recently commented to his Investment Opportunities subscribers:"Ericsson (ERIC) held its annual meeting last week and CEO Borje Ekholm was not shy about letting investors know that the company continues to lead the way in 5G networks around the world. To date, Ericsson has announced 16 commercial deals with service providers, which is more than any of its competitors.Last year was a turnaround year for Ericsson, and in the coming months and years I look for it to keep moving forward with its business model. The U.S. market is now ahead of Europe, and with Huawei out of the picture the Pentagon is expected to lay groundwork that will benefit both Ericsson and Nokia - the next two leading telecom equipment companies by market share."If you missed out on these gains in Ericsson stock, you may still find a triple- or quadruple-bagger in sectors such as retail, agriculture, media and entertainment, energy and utilities, and so much more.We're on the verge of an "instant economy" where the farthest-reaching parts of the world will become accessible to you at the tap of a screen or even sound of your voice. This technology, and the applications that spring from it, will beget more technologies, such as "quantum glass" batteries, that are needed to support the tech.In fact, Matt has prepared an interesting video about the impact of the "quantum glass" batteries. Click here to watch it.Matt writes about such next-generation opportunities in his Investment Opportunities newsletter, covering businesses in and around the 5G ecosystem, among many more high-growth stock picks. To summarize, Matt said it best in his column on 2019 predictions:"One of my highly likely predictions is that we'll begin a new chapter in wireless technology.I'm talking about 5G. As I write this, nearly all of the major wireless carriers are set to begin rolling out the latest generation of technology. There will be many beneficiaries of this shift. Everything from autonomous vehicles to the Internet of Things (IoT).But one area that has been overlooked is the augmented reality (AR) and virtual reality (VR) industry. Faster internet speeds combined with less latency (lag time) will result in a much smoother AR/VR experience.I have used VR headsets a few times, and I have to say I was quite impressed. That said, I am certainly not a hardcore gamer nor did I push the headset to its limits. Once 5G is rolled out, the future of the AR/VR industry will look very different."Things will be very different, indeed.John Kilhefner is the managing editor of InvestorPlace.com. As of this writing, John did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Dividend Stocks Perfect for Retirees * 7 Reasons the Stock Market Rally Isn't Over Yet * 10 S&P 500 Stocks to Weather the Earnings Storm Compare Brokers The post Donat Miss Out on the Netflix of 5G Stocks appeared first on InvestorPlace.
The two media moguls arrange for Expedia to buy its controlling investor, Liberty Expedia in a bid to clean up a complicated ownership structure.
Hours after Qualcomm and Intel reached a deal around 5G chips, Intel decided to back away from its own wireless chip business. The step foreshadows a more disciplined approach from Intel.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Qualcomm rise after settling a dispute with Apple Qualcomm (QCOM) stock has gained 38.3% and added $30 billion to its market value since it resolved its legal
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Apple’s concerns with Qualcomm Qualcomm (QCOM) was a major supplier of chips to Apple’s (AAPL) smartphones until the release of the iPhone 7 in September 2016.