These stocks have been hit so hard that multiples and valuations have been knocked to the lowest levels in some time, and the industry could provide a solid Santa Claus rally trade.
The top analyst calls seen on Tuesday included Advanced Micro Devices, Amazon.com, Ciena, DexCom, eBay, Home Depot, Lowe's, Micron Technology, NXP Semiconductors and Seagate Technology.
The top analyst upgrades, downgrades and initiations seen on Wednesday included Analog Devices, Halliburton, Neovasc, Nike, NXP Semiconductors, PepsiCo, Skyworks Solutions and Whiting Petroleum.
Some companies have seen their stock price drop so much that there is no way that their high-paid corporate executives could even know they were in the midst of the greatest bull…
Two Generals, Electric and Motors, posted new 52-week lows Wednesday. Turquoise Hill Resources match its low and NXP Semiconductor posted a new low.
Snap, Applied Materials, NXP Semiconductor, and Vital Therapeutics all posted new 52-week lows Wednesday.
Goldman Sachs and Stifel were among the firms issuing formal ratings downgrades and price target cuts on semiconductor stocks on Wednesday.
The top analyst upgrades, downgrades and initiations seen on Wednesday include Alcoa, Chevron, General Motors, Lam Research, Micron Technology, NXP Semiconductors, Royal Bank of Scotland, Tiffany and Wayfair.
The top analyst upgrades, downgrades and initiations seen on Friday include Apple, Caterpillar, Costco, GW Pharmaceuticals, NXP Semiconductors, Southwest Airlines, Teva Pharmaceutical, Ulta Beauty and Wells Fargo.
According to Goldman Sachs, these are the five top holdings at hedge funds the firm covers, and the reliance on the big tech momentum stocks remains in place.
The top analyst upgrades, downgrades and other research calls from Thursday include Applied Materials, Extreme Networks, Mylan, NXP, Roku, Seagate, Yelp and Zynga.
Corporations are using massive stockpiles of cash to buy back shares in droves in 2018, even as the stock market challenges all-time highs all over again.
The top analyst upgrades, downgrades and other research calls from Friday include Deckers Outdoor, Expedia, Intel, Juniper Networks, Pure Storage, Southwest Airlines and NXP Semiconductors.
Ford, Barrick Gold, NXP Semiconductors, and Nielsen Holdings all posted new 52-week lows Thursday.
If the proposed $44 billion offer by Qualcomm for NXP Semiconductors does not receive Chinese regulatory approval by Wednesday, the deal fails. What happened?
