After a torrid rise in 2019, investor enthusiasm for semiconductor stocks has cooled somewhat. Still, most chip stocks continue to add to their share prices even if the gains are more moderate. Is there…
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The June 30 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks decreased.
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Jefferies is very bullish on these five semiconductor stocks. All are rated Buy and make great additions to aggressive growth portfolios.
On top analysts sees Corning as a winner, based on the coming demand for iPhones, televisions and other screens. Could this be a boost for Apple and Best Buy as well?
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Investors appear to be happy with the Micron Technology quarterly report, and analysts agreed, hiking their price targets in response.
DRAM maker Micron reported fiscal third-quarter earnings per share of $0.82and $5.44 billion in revenue. The consensus estimates called for $0.77 in per-share profit and $5.31 billion in revenue.
The June 15 short interest data have been compared with the previous report. Short interest in most of these selected semiconductor stocks decreased.
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