BofA Securities Bullish on Top Semiconductor Stocks Despite a Huge Run Higher
Four large-cap leaders semiconductor stand out and remain analyst favorites at BofA Securities. They remain good long-term holdings for more aggressive growth accounts.
Four large-cap leaders semiconductor stand out and remain analyst favorites at BofA Securities. They remain good long-term holdings for more aggressive growth accounts.
Thursday's top analyst upgrades and downgrades included Aerojet Rocketdyne, Avis Budget, Carnival, Chipotle Mexican Grill, Expedia, Home Depot, Lowe's, MGM Resorts, Stratasys, Square and Walmart.
Monday's top analyst upgrades and downgrades included Apple, Best Buy, Cinemark, Co-Diagnostics, DraftKings, Energizer, Novavax, Nvidia, Palo Alto Networks and Petrobras.
Tuesday's top analyst upgrades and downgrades included Apache, Broadcom, Caterpillar, Dollar General, Microsoft, NXP Semiconductors, Salesforce.com, Sirius XM, Slack and Yelp.
Thursday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, American Electric Power, Analog Devices, CenturyLink, Dish Network, Herbalife, NextEra Energy, NRG Energy, On Semiconductor and SolarEdge Technologies.
The week of Thanksgiving is frequently a positive week for the stock market, and on last look the Dow was up just over 20% and the S&P 500 was up just over…
Stocks have retested all-time highs and were indicated to have a marginally higher open on Wednesday ahead of a shortened week for the Thanksgiving break. The S&P 500 was last seen up…
Wednesday's top analyst upgrades, downgrades and initiations included Advanced Micro Devices, Apple, Biomarin, Corning, Electronic Arts, FireEye, Grubhub, Nordstrom, NXP Semiconductors, Shopify and Xerox.
Merrill Lynch analysts make the case that semiconductor stocks could move higher on solid earnings, seasonal strength and hopes for a 2020 recovery.
Tuesday's top analyst upgrades, downgrades and initiations included Analog Devices, Blackstone, Bloom Energy, Cleveland-Cliffs, Ford, Micron Technology, PG&E, Snap and VMWare.
While the trade issues and the slowdown in the sector may not be settled anytime soon, aggressive growth accounts could start to nibble at these top semiconductor stocks.
The top analyst upgrades, downgrades and initiations on Wednesday included Acacia Communications, Baidu, BioMarin Pharmaceuticals, Boeing, BP, CSX, Deere, HCA, PepsiCo, Redfin, S&P Global, Trimble, Visa and Zillow.
The top analyst upgrades, downgrades and initiations on Monday included Analog Devices, At Home, Boston Beer, PagSeguro Digital, Redfin, Sirius XM and United Technologies.
The top analyst upgrades, downgrades and initiations seen on Monday included Alcon, Analog Devices, Big Lots, CACI, CenterPoint Energy, Cree, Lyft, Teva Pharmaceutical and WellCare Health Plans.
Jefferies points out that it will be quite a while before 5G wireless is sufficiently widespread for the average consumer in the United States to take advantage of it. So should investors…