|Day's Range||0.15 - 0.20|
President Donald Trump escalated the United States’ trade war tit-for-tat with China again this week when he threatened to tax the total value of the goods China exports to the U.S. — an amount that totaled more than $500 billion in 2017. This increase in rhetorical intensity has put Wall Street on edge, but, while all stocks could indirectly be impacted by a tariff-induced slowdown in economic growth, those companies with greater revenue exposure to China are especially at risk. Technology stocks have outsized revenue exposure to China.
Today we’re going to take a look at the well-established Skyworks Solutions Inc (NASDAQ:SWKS). The company’s stock saw a decent share price growth in the teens level on the NasdaqGSRead More...
Attractive stocks have exceptional fundamentals. In the case of Skyworks Solutions Inc (NASDAQ:SWKS), there’s is a financially-robust company with an impressive history and a buoyant growth outlook. Below, I’ve touchedRead More...
Remarkably, these market groups have held close to their 2018 highs in the second quarter, with investors betting that political posturing will yield fruitful negotiations. U.S. chipmakers stand to lose worldwide market share in a trade war because they're deeply embedded within Chinese technology products. For Skyworks Solutions, Inc ( SWKS), 83% of sales now come from China, with Qualcomm Incorporated ( QCOM) at 64% and Qorvo, Inc. ( QRVO), formed by the merger of TriQuint Semiconductor and RF Micro Devices, at 62%.
Skyworks Solutions, Sierra Wireless, and Cypress Semiconductor don't have the same name recognition as big tech companies, but they have the potential to be some of the biggest winners in the IoT space.
companies with the greatest revenue exposure to China, according to research (see below) from UBS. UBS believes the mere prospect of a trade war with China could weigh on shares of many S&P 500 companies with out-sized exposure to China. "With the IP investigation, we see rising risks of trade actions against China and given inherent difficulties of a tariff on IP, tariffs could be placed on select China imports, which total $500 billion," says UBS strategist Keith Parker.
As worries of a potential trade war between the U.S. and China intensified, the Dow Jones Industrial Average was falling close to 300 points in afternoon trading on Tuesday, June 19. Last year, China made up 17% of Tesla's sales, and it's growing quickly. With 80% of its revenue coming from China according to FactSet, Skyworks was a top pick to get beaten down when the markets opened.
The Internet of Things (IoT) is not longer some strange, unknowable concept. Instead it has integrated itself almost seamlessly into consumer products. Headphones, smartwatches, smart speakers, and security systems all need short-range radios, with standards like Bluetooth, WiFi and Zigbee.
Make that money. We already know that increased tariffs are afoot. We know that the U.S. dollar is once again increasing in strength. That should also put the smack-down on large U.S. firms that do a lot of international business.
Stocks trading in Hong Kong are nearly 3% lower. U.S. equity index futures are behaving no differently. Last night, President Donald Trump made his intentions clear, saying: "China apparently has no intention of changing its unfair practices related to the acquisition of American intellectual property and technology." The president ordered his staff to draw up potential tariffs of 10% on an additional $200 billion worth of Chinese imports, if the regime in Beijing does not abandon its stated intention to retaliate in kind on the original $50 billion in tariffs.
As interest rates rise, highly leveraged companies are seeing their profit margins pinched. By contrast, the shares of companies with strong balance sheets already are outperforming their heavily indebted peers by 8 percentage points year-to-date, according to research by Goldman Sachs Group Inc.
Stock Research Monitor: SMTC, SWKS, and TSEM LONDON, UK / ACCESSWIRE / June 12, 2018 / If you want a free Stock Review on XLNX sign up now at www.wallstequities.com/registration . On Monday, June 11, 2018, ...
It didn't look good this morning, but the Dow Jones Industrial Average ended up finishing higher Friday. •...and ponder the drop in Skyworks Solutions (SWKS). Consider: The S&P 500 closed at its highest level since March 12.
LONDON, UK / ACCESSWIRE / June 6, 2018 / If you want access to our free earnings report on Skyworks Solutions, Inc. (NASDAQ: SWKS) ("Skyworks"), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=SWKS. The Company reported its financial results on May 03, 2018, for the second quarter of the fiscal year 2018 (Q2 FY18). Additionally, the Company provided its guidance for the third quarter of the fiscal year 2018.
Chips stocks have been among the hottest groups in 2018, as measured by the iShares Semiconductor ETF ( SOXX). The semiconductor ETF has climbed by 12.5% since the beginning of May, and the technical chart would suggest there are more gains to come for the ETF. Shares of Lam Research have not performed nearly as well as the broader ETF, with the stock climbing by only 8% since the start of May. But the technical chart suggests shares are primed to breakout, taking the stock about 12.5% higher, to roughly $230, from its current price around $204.25.
Just as a rising tide lifts all boats, climbing Apple Inc. stock rallies suppliers. Action Alerts PLUS holding Apple snagged a new record high stock price in Friday, June 1, trading as Wall Street anticipated a flurry of market-moving headlines at the company's Worldwide Developers Conference (WWDC) beginning Monday, June 4.
Skyworks Solutions (SWKS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Skyworks Solutions Inc (NASDAQ:SWKS) delivered an ROE of 21.47% over the past 12 months, which is an impressive feat relative to its industry average of 13.79% during the same period.Read More...
Shares of Blink Charging Co (NYSE:BLNK) may have fallen 2.1% on Tuesday, but that shouldn’t mask the stock’s giant rally this month. With a market cap of just $155 million, let’s not confuse Blink stock for a mega company like AT&T Inc. (NYSE:T) or even a “smaller” company like Advanced Micro Devices, Inc. (NASDAQ:AMD) or Skyworks Solutions Inc (NASDAQ:SWKS).
Skyworks Solutions, Inc. (SWKS), an innovator of high performance analog semiconductors connecting people, places and things, today announced that executives will be presenting a company overview at the Bank of America Merrill Lynch Global Technology Conference on Wednesday, June 6, 2018 at 11:00 a.m. Pacific time from the Ritz-Carlton Hotel in San Francisco. Skyworks Solutions, Inc. is empowering the wireless networking revolution. Skyworks is a global company with engineering, marketing, operations, sales and support facilities located throughout Asia, Europe and North America and is a member of the S&P 500® and Nasdaq-100® market indices (SWKS).
Given the close economic ties between the U.S. and China, the prospect of an all-out trade war between the two nations has rattled the U.S. stock market for months. Now, tensions between the two governments may be easing, prompting the equities markets to breathe a collective sigh of relief. In services, U.S. exports to China were $56 billion and imports were $18 billion, per another Census table.
Among the S&P 500, Skyworks Solutions, Qualcomm, Qorvo, Broadcom and Micron have the highest percentage of revenue generated from China, according to FactSet. Shares of the chipmakers rose in Monday morning trading. Over the weekend, the U.S. and China agreed to "substantially reduce" the U.S. trade deficit in goods with China and work toward "meaningful increases" in American agriculture and energy exports.
Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included one of the most recognized brands in the world. Bearish calls included a department store operator ...