Please watch my New YouTube video Trend of the Week: A Summer Rally for Two Underdog Tech Stocks
My one-hundredth-and-twenty-second YouTube video “Trend of the Week: A Summer Rally for Two Underdog Tech Stocks” went up today. This week’s video looks at the implications of the coming “summer rally” for 2 tech stocks that have been...
Chipmakers begin to cut supplies for China’s Huawei and lead U.S. stocks down today
Call it a secondary effect of the U.S.-China trade war but it’s still clearly taking a bite out of the shares of U.S. chip makers today. Last week the Trump administration added sanctions on China’s Huawei Technologies that would prevent the company from buying U.S....
Qualcomm’s earnings show cash flow under siege; selling out of Dividend Portfolio
The earnings Qualcomm (QCOM) reported yesterday, July 19, were okay. Earnings of 83 cents a share for the June quarter, in fact, beat the Wall Street consensus by two cents a share. Revenue of $5.37 billion was ahead of analyst projections of $5.25 billion, but still...
Time to buy this dividend: Legal attacks push Qualcomm dividend to 3.9%
Here’s the really important pair of numbers that explains what’s happening to Qualcomm (QCOM). From its business of licensing patents for cell phones Qualcomm makes a gross margin of 61%. Apple (AAPL) had a gross margin of 39% in its most recent fiscal...
Skyworks gains big on earnings beat: What does this mean for the rest of the Apple ecosystem?
After the close today, January 19, Skyworks Solutions (SWKS), a supplier of chips for Apple’s (AAPL) iPhone announced that December quarter earnings had beaten analyst estimates by 3 cents a share. The results also beat on revenue. The company guided Wall Street...
Qualcomm’s really, really small chip is a big, big deal
Update January 4, 2017. Qualcomm (QCOM) announced a new Snapdragon chip (Snapdragon 835) at the Consumer Electronics Show in Las Vegas on Tuesday, January 3. The chip will take up about 35% less space than last year’s Snapdragon chip in devices such as...
Finally it’s official: Qualcomm to acquire NXP Semiconductors for $110 a share in cash
Qualcomm (QCOM) and NXP Semiconductors (NXPI) have agreed to a deal that would see a subsidiary of Qualcomm acquire NXP for $110 a share in cash. The structure of the deal will allow Qualcomm to use its offshore cash reserves to help fund the deal, which is expected...
Qualcomm acquisition of NXP Semiconductor looks more likely
Both Bloomberg and CNBC are reporting that Qualcomm (QCOM) and NXP Semiconductor (NXPI) have agreed to a acquisition at a price of $110 for each share of NXP Semiconductors. That’s within the range that I flagged in my earlier post “Can Qualcomm steal NXP...
Qualcomm acquisition of NXP Semiconductor looks to be moving ahead
Talks between Qualcomm (QCOM) and NXP Semiconductor (NXPI) are showing significant progress, according to a Bloomberg. Reporting by Bloomberg indicates that Qualcomm is the only company in talks with NXP about an acquisition. That is no rival suitors have emerged so...
Can Qualcomm “steal” NXP Semiconductor?
Update October 3. Thursday the Wall Street Journal reported that Qualcomm (QCOM) was in talks to buy NXP Semiconductor (NXPI) for somewhere around $30 billion or roughly $90 a share. On Friday Bloomberg reported that NXP had hired an investment bank for advice on any...
Looking for a tech stock for earnings season: Think Qualcomm
Update September 20, 2016 Going into the third quarter earnings season, Wall Street analysts had pegged the information technology sector of the Standard & Poor’s 500 as the only sector where estimates for the third quarter had climbed since June 30. That...
Qualcomm: Now that’s a surprise
Update July 21. After the close of the market yesterday, July 20, Qualcomm (QCOM), the biggest maker of chips that run mobile phones, reported net income of 97 cent a share for the quarter that ended on June 26. That beat the 73 cents a share earned in June quarter of...Sell Qualcomm (QCOM)
You’ll pardon me, I hope, if I’m nervous heading into Qualcomm’s (QCOM) earnings announcement for the second quarter of fiscal 2010 on Wednesday, April 21. Last quarter Qualcomm shares dropped 14.3%–or $6.72 a share–on January 28, the day after the company...Update Taiwan Semiconductor (TSM)
Everything is working out exactly as I planned when I bought Taiwan Semiconductor Manufacturing (TSM) on October 20, 2009—with the small exception of the share price. When the company reported fourth quarter 2009 earnings on January 28, it confirmed the two major...Odds that this is a 10% correction (and not just 5%) rise as tech stocks sink
About a week ago, on January 22, I wrote a post called “So far this looks like just a correction” https://jubakpicks.com/2010/01/22/so-far-this-looks-like-just-a-correction/ I noted that the rally that began in March had been dotted with 5% corrections, but that we...When to buy
If this is a correction and if this is therefore a buying opportunity, how long do you wait? That’s the most asked question I’m seeing in the comment sections of the Jubak Picks today. My opinion? I think we’ve got more downside next week. And I’m going to explain why...Technology shares leading this rally so far
Technology stocks look placed to lead the market on both technicals and earnings. After Friday’s sell off, the sector resumed an uptrend on Tuesday January 19 that stretches back to the late November lows. Strong results from Intel (INTC) on Thursday and IBM (IBM)...The other war between Apple and Google
There are two fronts in the increasingly bitter war being fought between Apple (AAPL) and Google (GOOG). And while the contest between the iPhone and Google’s Nexus One (and other Android phones) is getting most of the ink, it’s the apps battle that comes with the...Apple's iPhone to go to T-Mobile and not Verizon in 2010
When AT&T’s (T) exclusive deal expires in 2010, Apple’s (AAPL) iPhone is most likely to find a second home with T-Mobile and not Verizon (VRZN). That’s the conclusion of a note published by analyst Doug Reid of Thomas Weisel Partners and picked...Tech stocks to lead earnings season again?
It’s early yet in earnings season, but I were a gambling man, I’d give the technology sector odds on leading the stock market again this quarter. Wall Street is beating the bushes for earnings growth right now. If earnings don’t go up in the next...The recovery isn't yet a sure thing
In my 11:45 post today, “Huh? Wall Street thinks higher unemployment is good news?” I said that I was still not convinced that the economic recession was truly over. The recovery that we’ve seen signs of in the last few months could simply be inventory restocking....Here we go again! Remember how hard it is to exit a momentum market?
Investors have convinced themselves that the economy is getting better faster than they expected. Unfortunately, that’s the kind of emotional feedback loop that gets investors and markets in trouble. Know what the most important evidence these investors cite is...Is the earnings rally starting to lose steam? Big surprises are moving stocks less
As earnings rallies drive along–and we’re sure in one now–investors gradually start to expect good news. More and more earnings surprises are anticipated by stock prices that start to climb before the results are reported. Part way through the...Qualcomm to manufacture Kindle in UK
According to Electronista.com, Amazon is almost ready to set a UK release date for the Kindle. “Manufacturing responsibilities for a UK Kindle are said to be going to Qualcomm, who is also allegedly responsible for finding a regional cellular...Buy Qualcomm QCOM
Buy Qualcomm (QCOM). In the current stock market and economy you want to own stocks in the sectors of the market that are outperforming rather than lagging and you want to own companies that can grow even when the economy isn’t. I think cell phone chip-maker Qualcomm...Why Rallies Fail
Has the rally that began in March run out of gas? Sure looks that way. After climbing by 40% from the March 9 bottom through June 12, the Standard & Poor’s 500 Stock Index has gone precisely nowhere. Well, maybe even a little short of nowhere. From June 12th...Jim’s Daily Email Alerts:
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