86.65 -0.18 (-0.21%)
After hours: 7:59PM EDT
|Bid||86.45 x 1800|
|Ask||86.80 x 1800|
|Day's Range||85.30 - 88.63|
|52 Week Range||48.56 - 88.63|
|Beta (3Y Monthly)||0.92|
|PE Ratio (TTM)||55.52|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||2.48 (4.35%)|
|1y Target Est||68.48|
Jim Cramer is warning investors not to miss out on easy gains by waiting until the end of the semiconductor cycle to buy Texas Instruments.
"Days like today remind us that short-sellers can serve as rocket fuel for a bull market," Jim Cramer says.
Samsung's chip division is its most lucrative, but memory chip prices arefalling and the company's overall operating profits are slipping
In fact, at one point I was addicted to Texas Instruments during the day that it and Motorola used to swing four, five, six points a session. Every day I would commute to Grand Central to get to cram classes for the test. In the middle of Grand Central at the time was a Merrill Lynch quote machine.
"The early bird is the one who knows you need to buy a stock before the underlying business turns around," CNBC's Jim Cramer says. "The executives at Texas Instruments aren't trying to help you time the semiconductor cycle. Don't wait for the "all clear" on semiconductor sales to make a bet on Texas Instruments TXN , CNBC's Jim Cramer said Wednesday.
The Latest on 5G Equipment Vendors Nokia and Ericsson(Continued from Prior Part)A total of 60% of the world’s 4G base stations are in China Ericsson (ERIC) expects Chinese operators to begin deploying 5G networks in the coming months, executives
TSMC's Q1 Earnings Signal Beginning of Semiconductor Growth(Continued from Prior Part)TSMC’s revenue by applicationTSMC (TSM) is the world’s largest foundry and manufactures chips for all major end markets. The foundry divides its revenue into
TSMC's Q1 Earnings Signal Beginning of Semiconductor GrowthTSMC’s first-quarter earnings bottom out TSMC (TSM) is the world’s largest semiconductor contract manufacturer. It serves a host of chip designers including Apple (AAPL), NVIDIA (NVDA),
Qualcomm (QCOM) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
U.S. stock futures are circling unchanged this morning as traders take a breather following yesterday's fresh highs in the Nasdaq-100 and S&P 500.Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.05%, and S&P 500 futures are lower by 0.04%. Nasdaq-100 futures have added 0.01%.In the options pits, the dash to record highs generated increasing volumes. As you might expect, calls led the bulls' charge. Specifically, about 20 million calls and 15.1 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio remains as uninspiring as ever. It slipped to 0.59 but continues to fiddle in the middle of 2019's range. The 10-day moving average matched the action by falling to 0.59.Options activity was juiced in the following stocks. Coca-Cola (NYSE:KO) popped on earnings after topping expectations. Qualcomm (NASDAQ:QCOM) added to its large gains following its surprise settlement with Apple (NASDAQ:AAPL). Finally, Microsoft (NASDAQ:MSFT) calls were hot ahead of tonight's earnings announcement.Let's take a closer look: Coca-Cola (KO)Coca-Cola released its first-quarter earnings before the bell Tuesday and beat expectations. Adjusted earnings grew to 48 cents per share, beating estimates by 2 cents. And revenue climbed to $8.02 billion, handily beating forecasts for $7.9 billion. * 10 High-Yielding Dividend Stocks That Won't Wilt KO stock saw a volatile session, ultimately ending up 1.75% on the day. The jump lands it square in the middle of last quarter's earnings gap, which should continue to fill. Look for KO to return to $50 in the coming days.On the options trading front, traders came after calls like sugar-deprived kids to soda. Activity fizzed to 424% of the average daily volume, with 113,617 total contracts traded; 82% of the trading came from call options alone.The 1.75% price jump fell well within market expectations. Premiums were baking in a 3.1% move on earnings, so chalk this up as a win for volatility sellers. The post-earnings volatility crush was on full display, driving the metric down to 15% or the 19th percentile of its one-year range. Qualcomm (QCOM)The rocket ship ride in Qualcomm continued in earnest, adding another 5.8% to its already immense gains. QCOM stock now sits at 19-year highs and is well on its way to revisiting its record peak of $100 reached during the dot-com craze.Traders favoring low-risk, high-reward setups should steer clear of QCOM right now. It's a momentum-drive move that is now extremely overbought. A pause or pullback would allow the stretched conditions to ease and lower-risk entries to develop.As far as options trading goes, the Street continues to heavily favor call options. The volume explosion continued on Tuesday with activity ramping to 409% of the average daily volume. By day's end, the total contracts traded eclipsed the half a million mark at 509,837 contracts traded. Calls claimed 67% of the sum.Implied volatility inched higher to 39% placing it at the 73rd percentile of its one-year range. Premiums are pricing in daily moves of $2.14 or 2.5%. Qualcomm's earnings report is slated for May 1. Microsoft (MSFT)The current stage of our bull market has the Nasdaq-100 to thank. And although many tech stocks are throwing their weight behind the Nasdaq's dominance, it's Microsoft that has arguably been the most consistent helper.MSFT stock set yet another record high yesterday. With the 1.5% rise, its year-to-date gains have now grown to 24%. Its price trend is a beauty, complete with rising moving averages across all time frames. Accumulation days litter the landscape with nary a whiff of distribution. You bet against buyers at your peril here.The theme of call popularity continued with MSFT. Total activity ended at 219% of the average daily volume, with 290,811 contracts traded. Calls accounted for 75% of the day's take.Implied volatility remains subdued despite the looming earnings announcement set for tonight. Option premiums are baking in a $3.66 or 2.9% move.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post Wednesday's Vital Data: Coca-Cola, Qualcomm and Microsoft appeared first on InvestorPlace.
As most companies in this space are expected to deliver an earnings surprise, the semiconductor ETFs therefore might continue to see smooth trading in the weeks ahead.
have settled their legal dispute, ending a two-year battle over royalty payments and patent rights in dramatic fashion. Settling the legal dispute frees up both companies to focus on their core businesses - devices and services for Apple, high-end communication chips for Qualcomm - without a courtroom distraction in the background. Both stocks have shown gains since the settlement was made public, with Qualcomm being the greater beneficiary.
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Apple risked falling behind in 5G raceBroadcom (AVGO) is a leading supplier of smartphone components. Its range of products to the smartphone market include
Shares of chip maker Qualcomm (NASDAQ:QCOM) have soared in parabolic fashion after a settlement earlier this month with Apple (NASDAQ:AAPL). The settlement led to a six-year chip-supply agreement. While the getting has been good for QCOM stock bulls over the past few days, the stock is now reaching severe, near-term overbought territory. Active investors and traders could look to play the stock from the short side for a trade.Source: Shutterstock A former mentor of mine used to remind me daily that some of the best opportunities in markets arise after an asset makes a quick multi-day/week parabolic move to the upside or to the downside. Why? Because the crowd has a habit of chasing steep charts, which inevitably leads them to buy the highs or sell the lows. By taking the opposite of those emotions, traders can often capitalize quick and high probability gains. QCOM Stock ChartsThe recent settlement that Qualcomm reached with Apple is undoubtedly a positive for Qualcomm stock as this previous uncertainty has kept many investors away from the stock and it also brings back royalty payments from Apple to Qualcomm.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Click to EnlargeMoving averages legend: red - 200 week, blue - 100 week, yellow - 50 weekMoving on to the charts we see that as recently as early February, QCOM stock was trading at the very low end of its long-term up-trending range. The 50% rally over the past week or so has now pushed the stock to levels not seen since 2000. * 10 Oversold Stocks to Run From While this "breakout" nature of the rally would not necessarily be a reason to position for a near-term bearish trade, what is concerning is the parabolic nature of the rally. Click to EnlargeMoving averages legend: red - 200 day, blue - 100 day, yellow - 50 dayOn the daily chart we see that as a result of the steep multi-day move in QCOM stock, its daily MACD momentum oscillator is now at record all-time overbought readings. While I am not advocating a major collapse in the stock from here (far from it, I actually am bullish the stock on pullbacks), it would not take much from here for the stock to set in a pause and mean-revert lower back toward the $80 level.Thus, active investors and traders could look to short QCOM stock or buy at the money puts or put spreads for a trade. Upon a mean-reversion period, any strong bullish reversal would be a stop loss signal.Join me on Wednesday, April 24th for a special webinar to showcase the highest probability candlestick pattern that I know and practice. Attend Serge Berger's special webinar: The highest probability candlestick pattern, period. Click here to register. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post Trade of the Day: Qualcomm Stock Is All Set for a Contrarian Approach appeared first on InvestorPlace.
How Will Intel's Business Decisions Impact Investors?(Continued from Prior Part)Intel’s technical indicators Intel (INTC) stock made a new 52-week high on April 17 as investors reacted positively to the management’s decision to exit the 5G
The Latest Buzz from the Semiconductor Sector: QCOM, INTC, AVGO(Continued from Prior Part)Omnitek technology to complete Intel’s programmable chips businessThis month Intel (INTC) announced the acquisition of British programmable chip maker
Shares of Qualcomm Inc. continued their rocket climb Tuesday, in a parabolic trajectory that’s eerily reminiscent of its halcyon days during the internet bubble, following the chip maker’s settlement deal with Apple Inc.
Short-sellers are often seen as the villains on Wall Street, Jim Cramer told his Mad Money viewers Tuesday, but on this day, they provided the ammo for a powerful rally. Short sellers provide an important market function, Cramer added, a function that was on full display today.
Jim Cramer explains why investors should stick with PepsiCo for the long term, especially after the company's blowout quarter.
Ever since the surprise liquidation of Toys R Us, Hasbro has been stuck shadow boxing with inventory. Given that no one knew that Toys would just close one day, it was particularly onerous for producers like Hasbro which are just doing their job trying to meet demand for their basic products. When the doors close on an institution like Toys R Us you would think that someone would know where all of that excess inventory went to.
How Will Intel's Business Decisions Impact Investors?(Continued from Prior Part)Intel’s managementIntel (INTC) began its transition from a PC-centric company to a data-centric company under the leadership of former CEO Brian Krzanich. After the
At the start of April, the situation was looking a little dire for Apple (NASDAQ:AAPL). The iPhone -- already a cause for concern with slowing global smartphone demand -- was in serious danger of being left behind by the Android competition. As its fight with Qualcomm (NASDAQ:QCOM) dragged on, there were distressing signs Apple would be without 5G support for several years. To make things worse, Samsung was releasing the Galaxy Fold and threatening to leave the iPhone in the dust as yesterday's ancient design.Source: Samsung What a difference those few weeks have made. The company settled with Qualcomm and will get its 5G modems in time for next year's iPhone. And in the latest bit of good news, Samsung has now officially delayed the release of the Galaxy Note. Since the start of April, Apple stock has gained nearly 7%, reflecting increased confidence in its ability to keep selling iPhones. Samsung Delays the Galaxy Fold ReleaseGalaxy Fold pre-orders are scheduled to ship at the end of this week, and tech publications were supplied with review units in advance of the big day. Buzz around the first folding smartphone to get a wide-scale commercial release brought to mind the glory days of five years ago when people still got excited about smartphones. Samsung had no doubt been expecting to put out a triumphant press release highlighting the device as the next big step in the evolution of smartphones -- something that would make Apple's flagship iPhones look pedestrian and outdated.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell Before They Give Back 2019 Gains Instead, the narrative took a different direction, with prominent reviewers posting about Galaxy Folds that broke after just a day or two of use. After initially trying to discount the issues as being limited to a few review units and insisting the April 26 launch would still happen, Samsung has now called it off. The Galaxy Fold launch has been delayed while the company's engineers try to figure out a fix.Samsung released a statement to CNBC announcing the postponed launch:"We are encouraged by the excitement around the Galaxy Fold. While many reviewers shared with us the vast potential they see, some also showed us how the device needs further improvements that could ensure the best possible user experience. To fully evaluate this feedback and run further internal tests, we have decided to delay the release of the Galaxy Fold. We plan to announce the release date in the coming weeks." Samsung's Loss Is Apple's Gain … And Possibly Huawei'sSamsung's Galaxy Fold was meant to be a public relations coup. The folding smartphone, which essentially combined a smartphone and a tablet in a single device, was futuristic and leagues beyond anything Apple has attempted. The new form factor sparked renewed interest in smartphones from consumers, and Samsung was leading the way. Not Apple. And with the $1,980 starting price, the Galaxy Fold was also positioned as a premium priced flagship, significantly more costly than anything Apple offered.Apple's iPhone business is critical to the company's financial health, but it has been struggling of late. 2019 and 2020 were shaping up to be brutal. The notch introduced with the iPhone X was once widely copied but is now derided. 5G cellular service is slowly beginning to roll out this year, but Apple's legal battle with Qualcomm was raising the specter of no 5G iPhone even in 2020. And with the Galaxy Fold, Apple was seen as losing its design crown. If everything had come together as Samsung planned, the iPhone in 2019 and especially 2020 would have looked like a relic in comparison. * 7 Red-Hot E-Commerce Stocks to Consider The results would not have been pretty for iPhone sales, AAPL revenue or Apple stock.Instead, Apple will be releasing iPhones for the next few years that follow the company's usual approach of incremental improvement, a proven premium design and premium pricing. Thanks to the Galaxy Fold's very public face plant, lack of a folding display is unlikely to cause potential iPhone buyers to jump ship or balk at the cost. 5G likely won't be available in 2019, but the support will be there in 2020, when it really matters. The "X" factor in all this at this point is Huawei. The Chinese smartphone maker also has a folding smartphone due to be released this year, the Huawei Mate X. This one is even more expensive than the Galaxy Fold, and it takes a different approach to the folding screen that just may succeed where the Galaxy Fold has struggled. But with an inability to sell its smartphones in the U.S. -- and a lower profile with American consumers -- the Huawei Mate X is unlikely to hurt iPhone sales the way the Galaxy Fold could have. But a successful Mate X would make the Galaxy Fold situation much worse for Samsung, and fuel Huawei's push to topple Samsung as the worlds largest smartphone company. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post More Good News for Apple as Samsung Delays Release of Galaxy Fold appeared first on InvestorPlace.