Why Needham Added Applied Materials to Conviction List; What It Sees for Sector Growth Ahead
Semiconductor equipment company stocks have had a strong 12-month run, and Needham has selected Applied Materials as its top pick going forward.
Semiconductor equipment company stocks have had a strong 12-month run, and Needham has selected Applied Materials as its top pick going forward.
Wednesday's top analyst upgrades and downgrades included Applied Materials, Caterpillar, Costco Wholesale, JPMorgan, Spotify, Vertex Pharmaceutical, Vornado Realty Trust and Whiting Petroleum.
The November 30 short interest data have been compared with the previous report, and short interest in most of these selected semiconductor stocks increased.
The November 13 short interest data have been compared with the previous report, and short interest in most of these selected semiconductor stocks decreased.
Applied Materials wowed investors with record revenues after the markets closed on Thursday.
Friday's top analyst upgrades and downgrades included BigCommerce, Chewy, Cisco Systems, Costco Wholesale, Darden Restaurants, Delta Air Lines, Dow, Lyft, Palantir Technologies, Southwest Airlines and Walt Disney.
24/7 Wall St. has put together a preview of a few of the most anticipated quarterly reports due this week, including Disney, Cisco and McDonald's.
The October 15 short interest data have been compared with the previous report, and short interest in most of these selected semiconductor stocks decreased.
Taiwan Semiconductor reported solid beats to both expected earnings and revenues, but the share price is stalled. The company's 12-month share price increase is better than that of its largest suppliers and…
The September 30 short interest data have been compared with the previous report, and short interest decreased on most of these selected semiconductor stocks.
The August 31 short interest data have been compared with the previous report, and short sellers backed off from most of these selected semiconductor stocks, with one major exception.
The August 14 short interest data have been compared with the previous report, and short sellers shied away from most of these selected semiconductor stocks.
Monday's top analyst upgrades and downgrades included Alibaba, Applied Materials, Baidu, BP, Brinker, Chevron, Marriott, Nvidia, Teladoc, Tesla and Yelp.
Friday's top analyst upgrades and downgrades included AES, Applied Materials, Bloom Energy, Chimera Investment, Co-Diagnostics, FirstEnergy, Home Depot, Marriott, Target, Tesla and Walmart.
Semiconductor manufacturing equipment maker Applied Materials beat estimates on both the top and bottom lines when it reported third-quarter results late Thursday. The company's expectations for the current quarter are even rosier.