|Bid||23.23 x 2900|
|Ask||23.24 x 1000|
|Day's Range||23.09 - 23.62|
|52 Week Range||9.04 - 34.14|
|Beta (3Y Monthly)||4.09|
|PE Ratio (TTM)||72.28|
|Earnings Date||Apr 23, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||24.52|
Economic Slowdown Deepens, Central Banks Take ChargeCentral banksThe 2019 economic growth outlook was always a sore point for markets. The broader market (SPY) sell-off that we witnessed in the fourth quarter could be partially due to the
A Global Slowdown Seems Definite but Markets Have Other WorriesGlobal slowdownToday, the Bank of Japan maintained its monetary policy but sounded less optimistic on the economy, stating that “exports and output have been affected by slowing
These emerging tech trends have created new consumer demand, and the semiconductor makers are delivering. So, let's check out three Zacks buy-ranked semiconductor stocks that investors might want to consider right now.
HENDERSON, NV / ACCESSWIRE / March 15, 2019 / While well-known Artificial Intelligence stocks like Nvidia (NVDA), Advanced Micro Devices (AMD) and Tesla (TSLA) carry limited downside and upside due to ...
ETFdb.com is recommending a new short position for the month ahead. This short recommendation is based around preparing for a potential pullback in a high-beta corner of the market that appears vulnerable after a nearly-vertical recovery since the December 2018 lows. Below, we outline our investment thesis and outlook for the new recommendation.
Chinese Vice Premier Liu He spoke to U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer by telephone on Friday, Xinhua news agency reported. While the news is positive, traders remained cautious over when a deal will be made.
The way Intel (NASDAQ:INTC) is being run under its new CEO, Robert Swan, and the current outlook of Intel stock, remind me of a famous book, Swann's Way. A lot of things are happening under the surface, but the reader (or analyst in the case of Intel stock) is left wondering whether it all makes any difference.Source: Shutterstock Swan was named CEO at the end of January, after he was interim CEO for almost six months. What the board saw in him (he had been chief financial officer) was steadiness. INTC doesn't seem to need a visionary leader. Its momentum carries it along in cloud and PCs. INTC stock pays a steady, affordable dividend, yielding 2.4%. The question for investors is, can Intel stock ever be more? Swan's WayINTC is known for its visionary leaders. Robert Noyce, Gordon Moore and Andy Grove made Intel the unquestioned leader of Silicon Valley. Its semiconductors still define what happens, but like Swan himself, they're mostly in the background.InvestorPlace - Stock Market News, Stock Advice & Trading TipsSwan's way is to bring in outsiders to provide creative spark, like Raja Koduri , who joined INTC in December 2017 from its rival Advanced Micro Devices (NASDAQ:AMD). Koduri's job is to go after Nvidia (NASDAQ:NVDA) in the graphics chip market and the artificial-intelligence-chip market. It's pushing several designs and strategies, like Application Specific Integrated Circuits (ASICs) designed solely for AI, and technologies dubbed DL Boost, which are designed to improve the inference performance of certain chips. Swan is also pushing volume. Specifically, he thinks that INTC should take back the top spot in chip production from Samsung Electronics this year. Meanwhile, Intel is dissolving its memory venture with Micron Technology (NASDAQ:MU) just as that market goes through one of its periodic meltdowns, and will bring out its own chips later this year. Things PastLike Charles Swann in Swann's Way, INTC has a tough time getting away from its past.Intel's processors have long been vulnerable to attacks dubbed Spectre and Meltdown that rival AMD is also vulnerable to. Now a new attack has been found, dubbed Spoiler, to which Intel is vulnerable but AMD is apparently immune. Software patches were enough to take down the two earlier bugs, at the expense of performance, and that will be the case this time as well. How much performance will be affected is still unknown. Not Absolutely FabulousBut Intel has a bigger problem. Its six production facilities are falling behind when it comes to narrowing the distance between circuit lines from 14 nanometers to ten nm and then seven nm. This is at the heart of Moore's Law, described over 50 years ago by Gordon Moore, who was later the CEO of INTC.Intel is even having trouble meeting demand for 14 nm chips because of its delay in getting to ten nm. As a result, INTC may have to bring out more 14 nm chips this year. Swan last addressed this issue publicly in September, blaming strong demand for the problems. The CEO is hoping a "rock star" outside hire, Jim Keller from Tesla (NASDAQ:TSLA), can fix the problem. The Bottom Line on Intel StockSwan's way at Intel is not that of his predecessors. He doesn't claim to be a wizard and doesn't assume wizardry can only come from the inside.The sheer momentum of Intel stock makes it one of the favorite tech names among conservative investors. INTC continues to grow, but at single-digit-percentage rates. Intel stock is up 16% over the last year, and last year, the dividend of INTC stock was covered by the company's earnings three times over.If that's good enough for you, buy Intel stock and hold it. If you want excitement, Swan's way is not for you.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at email@example.com or follow him on Twitter at @danablankenhorn. As of this writing he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Stocks Sitting on Huge Piles of Cash * The 10 Best Stocks to Buy for the Bull Market's Anniversary * 7 Dividend Stocks With Big Yields Compare Brokers The post Why Intel Stock Isn't Too Exciting appeared first on InvestorPlace.
Trump-Xi Meeting Postponed: How Markets Could React This MonthUS markets this yearUS markets have mostly been in party mode this year, driven by the Fed’s U-turn on rate hikes and optimism about US-China (SPY) (FXI) trade talks. If one of
Trump Threatens Xi Jinping with a Walkout Unless He Gets His DealWalkoutsUS President Donald Trump is known to walk out of negotiations that he sees as not yielding the desired results. His summit with North Korean leader Kim Jong-un over
HENDERSON, NV / ACCESSWIRE / March 14, 2019 / According to a recent Gartner survey of 3000 CIOs, the top two most disruptive technologies in their collective opinion were Artificial intelligence (AI) and ...
HENDERSON, NV / ACCESSWIRE / March 13, 2019 / Below are a few top technology stocks making news recently. Artificial intelligence is one of the hottest tech trends right now. Looking for AI companies to ...
NVDA, AMD, MRVL, CY: Semiconductor Stocks on the Rise(Continued from Prior Part)Cypress stock gained 2.16% on MondayCypress Semiconductor (CY) rose 2.16% on March 11 to $15.13 after the company received regulatory approval for its joint venture with
Wall Street Weighs In on Gaming Stocks in March(Continued from Prior Part)Electronic Arts Electronic Arts (EA) has seen upward price action of 25.5% this year. Other gaming stocks (NVDA) (AMD), including Activision Blizzard (ATVI) and Take-Two
What Q4 Global GPU Shipments Say about NVIDIA and AMD(Continued from Prior Part)2019 GPU launches of AMD and NVIDIA Advanced Micro Devices (AMD) and NVIDIA (NVDA) started 2019 with the launch of their new gaming GPUs (graphics processing unit). AMD
It was another win for the market on Tuesday, but clearly not as impressive as Monday's. The S&P 500 ended Tuesday higher by 0.3%, having given up more than half of its intraday gain before the closing bell rang.Sirius XM Holdings (NASDAQ:SIRI) set the tone, gaining 2.9%, though Advanced Micro Devices (NASDAQ:AMD) wasn't far behind with its 2.3% rally.At the other end of the spectrum, Boeing (NYSE:BA) fell another 6.1% as the fallout from yet another 737 crash. Although the FAA affirms the new plane is still airworthy, investors are nervous that the plane has been banned in several countries.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNone of them make for great trading prospects headed into this week's hump-day, however. Rather, it's the stock charts of Fifth Third Bancorp (NASDAQ:FITB), Brown-Forman (NYSE:BF.B) and Westrock (NYSE:WRK) that are of the most interest. Here's why. Brown-Forman (BF.B)It's complicated. Sometimes it's not the first effort that puts a new trend in motion, but the second effort. And, sometimes it takes a jolt to make the bulls and the bears either put up or shut up. * The 10 Best Stocks to Buy for the Bull Market's Anniversary That's what's unfurling with Brown-Forman right now … for the better. Last week's breakout thrust was upended in spectacular fashion, but when faced with a choice to either try again or throw in the towel, the buyers tried again using the exact tools they needed to in order to get the rebound rally going in earnest. Click to Enlarge • The bigger-picture buy trigger here is last week's move above the white 200-day moving average line, and the cross back above it at the end of last week.• The setback in between those two crossovers is just as telling though. Any non-believers were likely flushed out, but even before that day's closing bell rang, the bulls were testing the waters again.• The one thing missing with the rally effort is volume. It's fading on the way up. It will need to rise on the way up if the rally is to last. Westrock (WRK)With nothing more than a quick glance, Westrock looks troubled. And, maybe it is. The past several turnaround attempts have all been thwarted, and relatively quickly. The last time was no different.The last failed effort to turn things around, however, did highlight a slow but subtle shift for the better. This is the best rebound effort we've seen from WRK yet. There's just a little more work to be done before getting over the hump. Click to Enlarge • What's different this time is the most recent low. For the first time since early 2018, Westrock hasn't made a lower low. Last week's low was in-line with last month's, and above December's bottom.• The stall at the purple 50-day moving average line in nothing new. And, while Westrock technically closed above that mark yesterday, we've seen that happen before to no avail.• It's not easily evident with the accumulation-distribution line or with the Chaikin line, but there's growing bullish volume here. There has been since November. The would-be buyers are out there, if they see enough persistent strength. Fifth Third Bancorp (FITB)Most banks have been on a roll of late, and Fifth Third has been no exception. But, most banks stocks aren't moving into the same bullish scenario FITB shares are. One more good day could get the stock over a critical hump, and it's starting that effort out on a very bullish foot.There's just one last ceiling that needs to be cleared. Click to Enlarge • The ceiling in question is $28.07, plotted with a yellow dashed line on both stock charts. That's where Fifth Third shares have peaked several times since November.• It's not yet over that hump, but it's within striking distance. And this time, a move above that mark would also mean a move above the 200-day moving average, plotted in white.• The work is starting with a strong tailwind. Yesterday's volume was huge, suggesting a lot of bulls are waiting on standby, and the current surge was built by pushing up and off the support at the purple 50-day moving average line.• The shape of the action since October also hints at an upside-down head-and-shoulders pattern, bolstering the bullish case.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. 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 * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post 3 Big Stock Charts for Wednesday: Brown-Forman, Westrock and Fifth Third appeared first on InvestorPlace.
NVDA, AMD, MRVL, CY: Semiconductor Stocks on the Rise(Continued from Prior Part)AMD’s stock price movementThe stock of semiconductor giant Advanced Micro Devices (AMD) gained 4.32% on Monday and closed at $22.96. The stock has also significantly
NVDA, AMD, MRVL, CY: Semiconductor Stocks on the Rise(Continued from Prior Part)Marvell stock gained on Monday Marvell Technology (MRVL) stock gained 3.75% on Monday and closed at $19.38. It seems that the stock has recovered from its March 8 decline
What Q4 Global GPU Shipments Say about NVIDIA and AMD(Continued from Prior Part)How was 2018 for the GPU market? In late 2017 and early 2018, Advanced Micro Devices (AMD) and NVIDIA (NVDA) witnessed windfall gains from the GPU (graphics processing
What Q4 Global GPU Shipments Say about NVIDIA and AMD(Continued from Prior Part)Discrete GPU shipments Global GPU (graphics processing unit) shipments fell in the fourth quarter of 2018 as the cryptocurrency cycle disrupted the normal seasonal trend
Wall Street Weighs In on Gaming Stocks in MarchGaming stocks Gaming stocks are having a mixed year so far. If we consider price action, we’ll see that Electronic Arts (EA) has gained 25.5% YTD (year-to-date) based on its closing price on March 11.
What Q4 Global GPU Shipments Say about NVIDIA and AMDGlobal GPU shipments in the fourth quarter of 2018 Last year was very volatile for the GPU (graphics processing unit) and memory markets, with strong growth in the first half followed by steep
Advanced Micro Devices Inc NASDAQ/NGS:AMDView full report here! Summary * Perception of the company's creditworthiness is positive * Bearish sentiment is moderate * Economic output in this company's sector is expanding Bearish sentimentShort interest | PositiveShort interest is moderate for AMD with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. ETFs that hold AMD had net inflows of $4.52 billion over the last one-month. While these are not among the highest inflows of the last year, the rate of inflow is increasing. Economic sentimentPMI by IHS Markit | PositiveAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, but is accelerating. Credit worthinessCredit default swap | PositiveThe current level displays a positive indicator with a weakening bias over the past 1-month. Although AMD credit default swap spreads are rising, indicating the market's more negative perception of the company's credit worthiness, they are still comfortably within the range of the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
How's AMD Faring in the Server CPU Market?(Continued from Prior Part)Is AMD growing on the back of Intel’s troubles? Previously, we saw that the 2019 State of Servers survey by Spiceworks showed that Advanced Micro Devices’ (AMD) EPYC server
Taking the broad view, Nvidia (NASDAQ:NVDA) stock looks like it's still in excellent shape. Yes, NVDA stock plunged last year and still trades 49% off its early October highs. Even with that fall, however, Nvidia stock still has risen 358% over the past three years and 712% over the last five.Source: via NvidiaFrom a similar perspective, the underlying business looks strong. It does appear that management underestimated the impact of cryptocurrency mining on demand, and the "crypto hangover" will pressure results in the first half of fiscal 2020 (ending January), at least. But revenue still rose 20% in fiscal 2019, and 40% the year before. Even expectations for a decline in adjusted earnings in fiscal 2020 suggest net profits should nearly double, at least, over three years. * The 10 Best Stocks to Buy for the Bull Market's Anniversary The argument for NVDA stock back at $150 is that everyone--management, analysts, and investors--simply overshot in terms of expectations. The seemingly stunning growth rates Nvidia was posting as recently as fiscal Q2 when revenue rose 40% and earnings jumped over 90% were not sustainable.InvestorPlace - Stock Market News, Stock Advice & Trading TipsNvidia will pay for that growth in coming quarters, as it faces difficult year-over-year comparisons and deals with inventory buildup in key categories.That, however, does not in turn mean that Nvidia's long-term growth has ended for good. Demand across the company's four key categories should continue to rise. The bull case for NVDA at $250-plus still remains at least somewhat intact.It's an intriguing bull case. But I've argued since the crash that Nvidia stock was likely to trade sideways for quite a while. That opinion hasn't yet changed, for a couple of key reasons. NVDA Stock Isn't Cheap YetOne big issue at the moment is that NVDA stock isn't all that cheap yet. Guidance given with Q4 earnings last month was for revenue to be flat to down slightly in fiscal 2020. Operating expenses are expected to rise "high single digits," per the Q4 conference call. Gross margin should be pressured as well.In other words, earnings are likely to drop - and potentially precipitously so. Consensus EPS is at $5.39 - suggesting a 19% decline. Even backing out net cash of about $9 per share, NVDA still trades at about 26x this year's earnings.To be fair, Nvidia should be able to bounce back starting in the second half and into fiscal 2021. The Street currently pegs next year's EPS above $7, suggesting a P/E (again, excluding cash) under 20x. But even that is not as cheap as it sounds.Indeed, as I've written elsewhere, one of the big reasons for the decline in chip stocks across the board has been a realization that this time isn't different. Analysts and investors had begun to believe that the industry no longer was cyclical. And so chip stocks could be priced like other growth plays - and NVDA, often trading near 40x earnings, was.Between the crypto boom and a near-term slowdown in cloud buildup, we're again seeing that semiconductor manufacturing is a cyclical business. And cyclical stocks should, and do, receive a discount.Even assuming Nvidia bounces back starting in the second half, NVDA stock still can't be classified as all that cheap. Given that equipment manufacturers like Applied Materials (NASDAQ:AMAT) and Lam Research (NASDAQ:LRCX) are trading at 10-11x earnings, and memory plays like Micron (NASDAQ:MU) and Western Digital (NASDAQ:WDC) are even cheaper, 20x doesn't make NVDA a value play. FY20 PerformanceThe other issue is that it may be too early to assume that Nvidia's growth will return in just a few quarters. Nvidia isn't alone in seeing a quick rebound in demand from cloud providers: Western Digital has made a similar prediction and Intel (NASDAQ:INTC) has called out weakness in its datacenter business. But after the last two quarters, and after Nvidia management badly misread crypto demand, some caution - or skepticism - is required.Indeed, analysts already have shown some skepticism toward fiscal 2020 guidance. Consensus estimates suggest a nearly 5% drop in sales this year, worse than Nvidia itself projects. And Nvidia's projections require the company to exit the year at basically the same growth rates it was showing a year ago. That seems far too optimistic.That seems to set up some risk to Nvidia stock as the year rolls on. Earnings reports in the first half are going to show year-over-year declines in revenue and sharp drops in profit even if Nvidia management is right. Any potential miss only adds to the pressure. The Bottom Line on Nvidia StockEven if the long-term case here is somewhat intact, near-term trading looks likely to be bumpy and mostly sideways. In even a bullish scenario, it's going to take Nvidia some time to return to growth. Meanwhile, at 20x earnings, any stumbles don't look priced in.It's not a great combination and it suggests that Nvidia stock likely will take at least a few quarters to get moving again.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Why 2019 Probably Will Be a Really Tough Year for Nvidia Stock appeared first on InvestorPlace.