|Bid||0.00 x 2200|
|Ask||0.00 x 3200|
|Day's Range||108.90 - 111.08|
|52 Week Range||75.92 - 120.75|
|PE Ratio (TTM)||30.80|
|Forward Dividend & Yield||2.48 (2.41%)|
|1y Target Est||N/A|
Tech stocks have been at the forefront of the market's strong multiyear run, but this means that income investors--those focused on finding companies with solid dividends--might be feeling left out. But finding a strong dividend-yielding tech stock is possible. Check out three of these stocks to buy now!
Shares of Micron (MU) opened lower on Wednesday after two days of gains on the back of some major announcements, including a new deal with Intel (INTC). With that said, let's dive into why the chip giant's stock might be worth buying right now.
The Zacks Analyst Blog Highlights: Boeing, Caterpillar, Diodes, Texas Instruments and CNOOC
Information technology, materials, and industrial sectors that have relatively high exposure to China's economy are poised to perform well as the United States and China put trade war on hold.
The S&P 500 ( SPY) is moving higher and appears to be well positioned to advance further in the coming weeks, based on the current technical setup. The S&P 500 initially broke out back on May 9, when it rose above 2,685. The chart below shows the S&P 500 rising above a downtrend dating back to May 14, creating a bullish continuation pattern called a symmetrical triangle.
U.S. tech companies can finally breathe easy, at least for the time being. U.S. Treasury Secretary Steve Mnuchin on Sunday said that the U.S.-China trade conflict has been put on hold. This certainly is good news for U.S. tech companies, particularly chipmakers, which have been reeling under pressure since the two countries sparked fears of a trade war by imposing tariffs and counter tariffs on imports from the two countries.
U.S. tech companies can finally breathe easy as Treasury Secretary Steve Mnuchin says that the U.S.-China trade conflict has been put on hold.
Like almost anything under President Trump’s administration, nothing is ever clear or straightforward. Case in point is the latest back-and-forth involving ZTE, a multinational telecommunications company headquartered in Shenzhen, China. Last month, President Trump made headlines when his administration announced a ban on U.S. exports to ZTE.
Texas Instruments (TXN) could be an interesting play for investors as it is seeing solid earnings estimate revision in addition to having a robust industry rank.
If you are looking to invest in potential stocks from the semiconductor space, you can’t ignore NVIDIA Corporation (NASDAQ:NVDA). For the past two years, NVIDIA has been impressing investors with its stellar performance, wherein the company’s quarterly revenues have been advancing at a rate more than 50%, earnings have tripled and shares have displayed more than six-fold growth, consequently. The share price rally highlights that the slew of bad news related to the company, such as sluggish demand from cryptocurrency miners and Uber’s driverless-vehicle test incident, which prompted NVIDIA to suspend test drives for all its driverless vehicles, did not have any negative impact on investors.
Twitter, Farmer Bros, Texas Instruments, Applied Materials and Mellanox Technologies highlighted as Zacks Bull and Bear of the Day
Execs at the biggest companies sounded more upbeat on their financial prospects than they have in some time, according to fresh research from Goldman Sachs. The investment bank mined the earnings calls of 42 companies to gauge the mood out there in Corporate America. The resounding bullishness could bite execs and their investors in the face later this year if a host of macro concerns -- such as inflation and trade wars -- start to collectively weigh on global growth.
Semiconductor stocks were battered by the recent market sell-off, but tech has made a strong recovery, and with several interesting trends like the Internet of Things and artificial intelligence on the rise, it is still an exciting time to be investing in chip-making corner of the technology sector. Check out these Zacks Rank #1 (Strong Buy) semiconductor stocks right now!
The Zacks Analyst Blog Highlights: Micron Technology, Cabot Microelectronics, Diodes, Ichor Holdings and Texas Instruments
Mellanox Technologies, MGM Resorts International, BP, Texas Instruments and Intuitive Surgical highlighted as Zacks Bull and Bear of the Day
Texas Instruments Incorporated (NASDAQ:TXN) is trading with a trailing P/E of 26.9x, which is higher than the industry average of 24.2x. While TXN might seem like a stock to avoidRead More...
The blockchain is the nascent technology that serves as the backbone for cryptocurrencies such as Bitcoin and Ethereum. The utilization of blockchain that people are most familiar with are cryptocurrencies – products such as Bitcoin that are meant to serve as digital currencies, but have quickly become extremely speculative investments as they’ve gained thousands of percent in just a few years.
The daily On-Balance-Volume (OBV) line is above its December level - hence an uptrend and positive. The weekly OBV line is positive and the MACD oscillator is narrowing towards a possible go long signal.