Posts for Ticker ‘LSCC’

Analysts Changing Semiconductor Ratings (ALTR, AMCC, ASML, BRCM, LSCC, MRVL, WFR, MU, PMCS, STM, XLNX)

We have seen many semiconductor and circuit calls this morning with upgrades and downgrades from Wall Street analysts.  Here are some of these upgrades and downgrades:

Altera (ALTR) Cut to Underweight at Morgan Stanley.
Applied Micro Circuits (AMCC) Cut to Underweight at Morgan Stanley.
ASML (ASML) Cut to Neutral at Goldman Sachs.
Broadcom (BRCM) Raised to Overweight at Morgan Stanley.
Lattice Semiconductor (LSCC) Cut to Underweight at Morgan Stanley.
Marvell Tech (MRVL) Raised to Overweight at Morgan Stanley.
MEMC (WFR) Raised to Equal Weight at Morgan Stanley.
Micron Technology (MU) Raised to Overweight at Morgan Stanley.
PMC-Sierra (PMCS) Cut to Equal Weight at Morgan Stanley.
STMicroelectronics (STM) Raised to Buy at Goldman Sachs.
Xilinx (XLNX) Cut to Underweight at Morgan Stanley.

JON C. OGG

Earnings Warnings Hardly Affecting Many Stocks (LSCC, UTX, STLD, FUL, WAT)

Burning_money_pic_3Earnings warnings are generally bad omens that rarely have a one quarter impact.  But with many of these stocks already pricing in really bad scenarios.  So when companies come in and say that revenues are down 3% or 12%, in many cases these are being rewarded by bottom-fishing traders who are trying to get into the stocks when the shares have sold off in many cases 50% or 75% (or more).  Some companies which issued earnings warnings are Lattice Semiconductor (NASDAQ: LSCC), United Technologies (NYSE: UTX), Steel Dynamics (NASDAQ: STLD), H.B. Fuller (NYSE: FUL) and Waters Corp. (NYSE: WAT)

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52-Week Low Club (AEG, AMD, BKD, CHRT, CMG, CVI, GEHL, JOBS, LRCX, LSCC, MNI, MU, MSA, NOOF, RYL, THQI, VMED, WSM)

Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated.  You’ll probably recognize many chip stocks on here today.  While financials led the selling today, most financial stocks were not on 52-week lows.  Here are today’s stocks that hit new 52-week lows:

  • Aegon (NYSE: AEG)
  • Advanced Micro Devices (NYSE: AMD)
  • Brookdale Senior Living (NYSE: BKD)
  • Chartered Semiconductor (NASDAQ: CHRT)
  • Chipotle Mexicann Grill (NYSE: CMG)
  • CVR Energy (NYSE: CVI)
  • Gehl Company (NASDAQ: GEHL)
  • 51Job inc.. (NASDAQ: JOBS)
  • Lam Research (NASDAQ: LRCX)
  • Lattice Semiconductor (NASDAQ: LSCC)
  • McClatchy (NYSE: MNI)
  • Micron Tech (NYSE: MU)
  • Mine Safety Appliances (NYSE: MSA)
  • New Frontier (NASDAQ: NOOF)
  • Ryland Group (NYSE: RYL)
  • THQ Inc. (NASDAQ: THQI)
  • Virgin Media Inc. (NASDAQ: VMED)
  • William Sonoma (NYSE: WSM)

Jon C. Ogg
July 28, 2008

52-Week Low Club: Transport, Semiconductors & Financials (January 2, 2008)

Truckers led the drop after a fake $100 oil print and after a YRC Worldwide (NASDAQ: YRCW) acquisition write-down, pulling down Arkansas Best (NASDAQ: ABFS) and others.  With no surprise, airlines followed suit with Airtrain (AAI), AMR Corp. (NYSE: AMR), Continental Airlines (NYSE:CAL), Delta (NYSE: DAL), FedEx (FDX), Jetblue (NASDAQ:JBLU), Mesa Air (NASDAQ: MESA), Northwest Air (NYSE: NWA), Southwest Airlines (NYSE:LUV), US Air (NYSE: LCC).

Chip and tech stocks on 52-week lows: AMAT, AMD, ADTN, ARRS, ATML, BBND, CHRT, FCS, FEIC, IDTI, IM, KLAC, KLIC, LRCX, LSCC, LSI, MCRL, MRVL, MU, NSM, STM, TER, XLNX

Financial Giants on 52-Week lows: BAC, BBT, BSC, CYN, DFG, EFX, FIC, FITB, FHN, MCO, NCC, PNSN, SNV, SBP, WFC, ZION.

We kept the REIT’s and the usual suspects in retail off the list that have been here day in and day out (although many hit new 52-week lows).  Here is the huge list of others 52-week lows:

  • Automatic Data (ADP), Cardinal Health (CAH), Career Education (CECO), Diebold (NYSE: DBD), EchoStar (DISH), Superior Offshore (DEEP), Dow Chemical (DOW), Eastman Kodak (EK), Emmis (EMMS), Ford (F), Fortune Brands (FO), General Motors (GM), Hasbro (HAS), Helen of Troy (HELE), Interpublic (IPG), Mattel (MAT), McClatchy (MNI), Media General (MEG), Nortel Networks (NT), Owens Corning (OC), Paychex (OPAYX), PHH Corp. (PHH), Playboy (PLA), Radio Shack (RSH), Rite Aid (RAD), Sherwin Williams (SHW), Sprint Nextel (S), Starbucks (SBUX), Starwood Hotels (HOT), Sun Microsystems (JAVA), Symantec (SYMC), Travelzoo (TZOO), VF Corp (VFC), Warner Music Group (WMG), Waste Management (WMI), Weight Watchers (WTW), Wendy’s (WEN)

Imagine how large this list would have been if retailers and REIT’s were included.
Jon C. Ogg
January 2, 2008