The top news stories this weekend from stocks on the GuerillaStockTrading watch list.
Continue reading “Top Weekend News Stories November 11 – 12, 2017”
The day’s top news stories from stocks on the GuerillaStockTrading watch list.
Continue reading “Top News Stories November 9 2017”
Microchip Technology had a flurry of bullish analyst activity today after the company reported earnings and revenue beats.
Microchip Technology stock chart shows a huge surge in large players volume as the stock has retraced to 50 day moving average support.
Microchip Technology is one of the better-positioned companies in the semiconductor industry. The company is benefiting from the addition of Atmel’s product portfolio, which it acquired in April of 2016.
Continue reading “Microchip Technology Large Players Volume Surging Higher”
Inphi Corporation has an incredible strong uptrending large players volume. What’s really amazing about it is that the stock has had big volatile swings but the large players volume just keeps on steadily rising.
On October 18, 2017, Jefferies Group set a price target of $50 which is 33.33% upside from its current price.
Continue reading “Inphi Corporation Has Honey Badger Large Players”
Lam Research stock is in a strong uptrend. On October 19, 2017, Needham & Company, one of the best analysts on Wall Street, raised their price target on Lam Research to $235 from $220 which represents 17.2% upside from the current price.
There are a whopping 17 analyst Buy ratings on Lam Research stock.
Continue reading “Lam Research Stock Higher On Needham & Company Price Hike”
Taiwan Semiconductor Manufacturing announced its quarterly results on Thursday, October 19, 2017. The company reported EPS of $3.47 versus the consensus estimate of $0.56. Revenue also beat coming in at $252.11 billion versus the consensus estimate of $249.49 billion.
Continue reading “Taiwan Semiconductor Beats On Earnings and Revenue”
Advanced Micro Devices stock is rising after it was upgraded by analysts at BNP Paribas from a Neutral rating to an Outperform rating on Thursday, October 12, 2017.
Memory prices have increased and most analysts expect memory prices to remain high well into 2018. Despite increased demand for memory, neither Micron nor its competitors have moved to increase capacity.
Continue reading “Advanced Micro Devices Stock Rising After BNP Paribas Upgrade”
Microchip Technology stock is in a strong uptrend that began in July of 2017.
Microchip Technology had its last earnings announcement on August 3, 2017. The company reported $1.31 EPS for the quarter, beating analysts’ consensus estimates of $1.14. The company also beat on revenue which came in at $972.10 million for the quarter, compared to the consensus estimate of $944.87 million.
Microchip is one of the better-positioned companies in the semiconductor industry based on its product strength. The company acquired Atmel’s product portfolio in April of 2016 which is paying off big-time. The company is raising its organic business growth target to 7%-9%, up from the mid-single digits due to the consolidation of Atmel’s business creating a strong pricing environment. Furthermore, Microchip’s backlog will likely increase as strong demand cannot be filled fast enough.
Continue reading “Microchip Technology Stock In Strong Uptrend On Argus Buy Rating”
Taiwan Semiconductor stock looks like a good long entry on playing the seasonal rally in semiconductor stocks. Taiwan Semiconductor is the world’s largest producer of made-to-order microchips.
Continue reading “Taiwan Semiconductor Stock Seasonal Play On Strong Money Flow”
The SOXX Semiconductor ETF will likely chop out and grind sideways for a couple of weeks according to the seasonal forecast.
Continue reading “SOXX Semiconductor ETF Sideways Grind Market Prediction”