Back in late April I initiated a bearish position (read here) in Intel (INTC) shortly after their weak Q1 results and Q2 guidance, along with similar from Texas Instruments (TXN) and Qualcomm (QCOM), here was …
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We have had our eye on MU in 2015. I last looked at it in mid May when the stock was $26.60 (read below). Despite some $50 billion in semiconductor m&a, and the Philadelphia Semiconductor …
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Shortly after NXPI’s takeover offer for Freescale I took a look at Ambarella (AMBA), the chip supplier to GoPro (GPRO) (read here), and concluded: The stock is not cheap, and its future for the time being is …
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There are specific themes that seem to dominate the various stages of a bull or bear market. For the better part of 2013 and 2014 capital return in lieu of top line growth was the theme. …
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This morning it is being confirmed that Singaporean based Avago Technologies (AVGO) has reached an agreement to pay $37 billion ($17 billion in cash and the balance in stock) for Broadcom (BRCM). The stock broke out …
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Last night on CNBC’s Fast Money we had a brief discussion about semiconductor stocks on the heels of Qualcomm’s (QCOM) $10 billion bond deal to fund its previously announced buyback. The feelings of the panelists were …
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Back on March 9th Qualcomm (QCOM) announced a Major Increase in Capital Return Program: Available Stock Repurchase Authorization Now $15 Billion Annualized Dividend Increased 14% to $1.92 per Share Plans to Repurchase $10 Billion in Stock …
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We have made a couple bearish trades in the semiconductor space in the last couple months, MU (here) and INTC (here). The main reason for the bearish stance has been the waning momentum in a group that …
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Shares of Microsoft are up 3.5% today, its largest one day gain of the year, bringing its losses for the year to about 7%. There does not appear to be any news in the stock …
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Event: IBM reports their Q1 results after the close. The options market is implying about a 3.7% one day move, which is a bit high of the 4 qtr average move of about 3.4%.
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