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Cavium Looks Like a Sweet Setup

Posted by on May 18, 2017 6:55 AM
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Categories: Stocks

May 18, 2017: Cavium’s stock looks like a sweet swing long setup after the most recent Black Swan Trump pullback so I’m picking up some shares in my personal trading account.

May 3, 2017: Cavium is presenting at the NFV World Congress 2017. The company will demonstrate next-generation NFV, SDN, 5G and Telco Cloud infrastructure solutions at NFV World Congress May 3rd – 5th at the DoubleTree Hotel in San Jose, California.

Folks, we know that 5G speeds are the future of smartphones. TMobile, Verizon, and AT&T are already in a race to buy up more wireless spectrum and to conduct tests on 5G networks. Cavium products are in new 5G tested smartphones. Cavium makes the ARM and MIPS baseband processors that handle the radio functions in wireless communications networks.

I picked up some shares in Cavium in my personal trading account. The stock has recently taken a big dive and so I like that I’m not chasing the stock higher but trying to catch a falling knife is a dangerous game.

May 3, 2017: Cavium Named Winner of Omega Award for Trailblazing Innovation by ACG Research for 2016

Omega Award recognizes excellence in product innovation and Cavium’s leadership in open network technologies and its initiatives in OCP, CORD and 5G Cloud RAN

SAN JOSE, CA – May 3, 2017 – Cavium, Inc. a leading provider of semiconductor products that enable secure and intelligent processing for enterprise, datacenter, cloud, wired and wireless networking, received the Omega Trailblazing Innovation Award from ACG Research to recognize Cavium for addressing the issues of conventional networking platforms and opening up new opportunities for customers with its XPliant® packet switching technology, ThunderX® ARM SoCs, and the OCTEON® processor designs for HetNet RANs.

The Omega Award recognizes excellence in product innovation and differentiated marketing in HotSeat, Whiteboard and Spotlight Innovation videos.

ACG Research recognized Cavium for innovation in general-purpose computing platforms in its ThunderX ARM processing family, leading edge developments in system on a chip (SoC) designs for mobile networking in its OCTEON and OCTEON Fusion-M® products as well as its uniquely programmable XPliant NFV/SDN Ethernet switch.

“We thank ACG Research for the recognition of our efforts on multiple fronts, including switching and baseband processing, to develop the open networking technologies necessary for the deployment of large-scale telco clouds and 5G wireless networks,” said Raj Singh, VP & GM, Networking Communication Group, Cavium, Inc. “The new open core networks will enable advanced concepts, such as flexible end-to-end network slicing to address individual service requirements, and will require advanced network processing capabilities, such as those embodied in our XPliant, ThunderX, OCTEON and OCTEON Fusion-M processor families.”

“In each area of innovation Cavium is pushing the industry forward to ‘more for less’ and to do it with great flexibility. By doing this it is helping the industry move forward more rapidly toward goals its customers and stakeholders clearly value. In a changing marketplace, Cavium has demonstrated an ability to develop new solutions and technologies to address current as well as future needs and capacity,” said Paul Parker-Johnson, Principal Analyst at ACG Research. “The breadth of exciting products emanating from Cavium is a testament to their vision of NFV, the importance of the cloud, and the future of networking in many domains.”

Cavium Stock Chart

The Finviz screener settings used to find Cavium are: Sales past 5 Years 18.4%, EPS next Year 27.55%, Sales Q/Q 125.3%, Institutional Transactions 0.38%

Cavium is a leading provider of highly integrated semiconductor products that enable intelligent processing in enterprise, data center, cloud and wired and wireless service provider applications. Cavium offers a broad portfolio of integrated, software-compatible processors ranging in performance from 100 Mbps to 100 Gbps that enable secure, intelligent functionality in enterprise, data-center, broadband/consumer and access and service provider equipment. Cavium’s processors are supported by ecosystem partners that provide operating systems, tool support, reference designs and other services. Cavium’s principal office is in San Jose, CA with design team locations in California, Massachusetts, India and China.