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Recommendations
Piper moves to 'more positive stance' on semiconductor stocks » 04:50
05/17/22
05/17
04:50
05/17/22
04:50
AMD

AMD

$94.28 /

-0.835 (-0.88%)

, AKTS

Akoustis

$3.83 /

-0.07 (-1.80%)

, ADI

Analog Devices

$157.52 /

-1.26 (-0.79%)

, AVGO

Broadcom

$582.86 /

-5.17 (-0.88%)

, IIVI

II-VI

$62.14 /

-1.69 (-2.65%)

, MRVL

Marvell

$55.20 /

-2.42 (-4.20%)

, MU

Micron

$70.50 /

-1.42 (-1.97%)

, NVDA

Nvidia

$172.57 /

-4.395 (-2.48%)

, ON

ON Semiconductor

$55.22 /

-1.025 (-1.82%)

, QRVO

Qorvo

$102.55 /

-2.22 (-2.12%)

, QCOM

Qualcomm

$133.98 /

-1.05 (-0.78%)

, SWKS

Skyworks

$102.05 /

-1.42 (-1.37%)

, WOLF

Wolfspeed

$73.74 /

-4.36 (-5.58%)

, PI

Impinj

$46.26 /

-0.85 (-1.80%)

Piper Sandler analyst…

Piper Sandler analyst Harsh Kumar is "moving to a more positive stance" on semiconductor stocks following a more cautious approach since the beginning of the year. The "investor estimate cut wish is mostly priced into stocks at current levels when using a historical average multiple," Kumar tells investors in a research note. The analyst believes semiconductor companies will see a normal slowdown compared to trade war and COVID uncertainty multiples. While we are not trying to call the bottom, we believe investors should be buying semiconductor stocks at current levels," contends Kumar. The analyst's top picks are AMD (AMD) which he upgraded this morning to Overweight, Qualcomm (QCOM), Marvell (MRVL), ON (ON) and Impinj (PI).

ShowHide Related Items >><<
WOLF Wolfspeed
$73.74 /

-4.36 (-5.58%)

SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

PI Impinj
$46.26 /

-0.85 (-1.80%)

ON ON Semiconductor
$55.22 /

-1.025 (-1.82%)

NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

MU Micron
$70.50 /

-1.42 (-1.97%)

MRVL Marvell
$55.20 /

-2.42 (-4.20%)

IIVI II-VI
$62.14 /

-1.69 (-2.65%)

AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

AKTS Akoustis
$3.83 /

-0.07 (-1.80%)

ADI Analog Devices
$157.52 /

-1.26 (-0.79%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

05/17/22 Piper Sandler
AMD upgraded to Overweight from Neutral at Piper Sandler
05/11/22 Citi
April notebook shipments well below expectations, says Citi
05/04/22 Craig-Hallum
AMD price target lowered to $130 from $160 at Craig-Hallum
05/04/22 Jefferies
AMD price target lowered to $147 from $155 at Jefferies
AKTS Akoustis
$3.83 /

-0.07 (-1.80%)

05/02/22 Piper Sandler
Akoustis price target lowered to $7 from $10.50 at Piper Sandler
02/01/22 Craig-Hallum
Akoustis price target lowered to $12 from $18 at Craig-Hallum
01/31/22 Oppenheimer
Akoustis price target lowered to $10 from $13 at Oppenheimer
01/31/22 Piper Sandler
Akoustis price target lowered to $10.50 from $12.50 at Piper Sandler
ADI Analog Devices
$157.52 /

-1.26 (-0.79%)

04/08/22 Truist
Analog Devices price target lowered to $194 from $208 at Truist
04/06/22 Citi
Analog Devices revenue target is aggressive, says Citi
04/05/22 Piper Sandler
Analog Devices positioned for secular growth drivers, says Piper Sandler
03/25/22 BofA
BofA tactically most constructive on 'MANGO' stocks in U.S. Semiconductors
AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

04/14/22 Credit Suisse
TSMC results may give 'tactical reprieve' to U.S. Semis, says Credit Suisse
04/08/22 Truist
Broadcom price target lowered to $657 from $686 at Truist
03/04/22 KeyBanc
Broadcom price target raised to $720 from $710 at KeyBanc
IIVI II-VI
$62.14 /

-1.69 (-2.65%)

05/10/22 Raymond James
II-VI price target raised to $82 from $79 at Raymond James
04/14/22 Craig-Hallum
II-VI price target lowered to $85 from $100 at Craig-Hallum
02/11/22 Canaccord
II-VI price target lowered to $88 from $104 at Canaccord
02/10/22 Citi
II-VI price target raised to $75 from $68 at Citi
MRVL Marvell
$55.20 /

-2.42 (-4.20%)

04/25/22 Raymond James
Marvell upgraded to Outperform from Market Perform at Raymond James
04/25/22 Raymond James
Marvell upgraded to Outperform from Market Perform at Raymond James
04/25/22 Barclays
Marvell price target lowered to $80 from $90 at Barclays
04/20/22 Deutsche Bank
Marvell price target lowered to $80 from $90 at Deutsche Bank
MU Micron
$70.50 /

-1.42 (-1.97%)

05/13/22 Evercore ISI
Evercore reiterates Outperform rating, $90 target on Micron after analyst day
05/13/22 Wells Fargo
Micron shares deserve rerating, says Wells Fargo
05/13/22 Citi
Citi reiterates $120 price target on Micron after analsyt meeting
04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

05/03/22 Morgan Stanley
Nvidia resumed with an Equal Weight at Morgan Stanley
04/25/22 Barclays
Nvidia price target lowered to $295 from $350 at Barclays
04/20/22 Deutsche Bank
Nvidia price target lowered to $255 from $285 at Deutsche Bank
04/20/22 Piper Sandler
Nvidia will be active buying back shares, says Piper Sandler
ON ON Semiconductor
$55.22 /

-1.025 (-1.82%)

05/11/22 Wells Fargo
ON Semiconductor upgraded to Overweight from Equal Weight at Wells Fargo
05/03/22 Mizuho
ON Semiconductor price target raised to $68 from $65 at Mizuho
05/02/22 Piper Sandler
ON Semiconductor reported 'fantastic' results, says Piper Sandler
04/20/22 Mizuho
ON Semiconductor price target lowered to $65 from $68 at Mizuho
QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

05/05/22 Craig-Hallum
Qorvo price target lowered to $180 from $225 at Craig-Hallum
05/05/22 Raymond James
Qorvo price target lowered to $155 from $180 at Raymond James
05/05/22 Wells Fargo
Qorvo price target lowered to $175 from $185 at Wells Fargo
05/05/22 Susquehanna
Qorvo price target lowered to $120 from $150 at Susquehanna
QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

05/05/22 Tigress Financial
Qualcomm price target raised to $238 from $195 at Tigress Financial
05/04/22 Cowen
Skyworks price target lowered to $160 from $175 at Cowen
04/28/22 Wells Fargo
Qualcomm price target lowered to $150 from $185 at Wells Fargo
04/28/22 Susquehanna
Qualcomm price target lowered to $165 from $190 at Susquehanna
SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

05/04/22 Craig-Hallum
Skyworks price target lowered to $180 from $220 at Craig-Hallum
05/04/22 Benchmark
Skyworks price target lowered to $155 from $190 at Benchmark
WOLF Wolfspeed
$73.74 /

-4.36 (-5.58%)

05/05/22 Piper Sandler
Wolfspeed price target lowered to $130 from $160 at Piper Sandler
04/25/22 Wells Fargo
Wells says Wolfspeed design win with Lucid further validation of SiC portfolio
03/28/22 SMBC Nikko
Wolfspeed initiated with an Outperform at SMBC Nikko
03/24/22 Citi
Wolfspeed added to US Focus List at Citi
PI Impinj
$46.26 /

-0.85 (-1.80%)

04/28/22 Lake Street
Impinj price target lowered to $87 from $100 at Lake Street
04/28/22 Roth Capital
Impinj price target lowered to $76 from $95 at Roth Capital
04/27/22 Piper Sandler
Impinj price target lowered to $80 from $100 at Piper Sandler
01/12/22 Canaccord
Impinj price target raised to $100 from $95 at Canaccord
WOLF Wolfspeed
$73.74 /

-4.36 (-5.58%)

SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

PI Impinj
$46.26 /

-0.85 (-1.80%)

ON ON Semiconductor
$55.22 /

-1.025 (-1.82%)

NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

MU Micron
$70.50 /

-1.42 (-1.97%)

MRVL Marvell
$55.20 /

-2.42 (-4.20%)

IIVI II-VI
$62.14 /

-1.69 (-2.65%)

AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

AKTS Akoustis
$3.83 /

-0.07 (-1.80%)

ADI Analog Devices
$157.52 /

-1.26 (-0.79%)

SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

MU Micron
$70.50 /

-1.42 (-1.97%)

AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

WOLF Wolfspeed
$73.74 /

-4.36 (-5.58%)

SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

PI Impinj
$46.26 /

-0.85 (-1.80%)

ON ON Semiconductor
$55.22 /

-1.025 (-1.82%)

NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

MU Micron
$70.50 /

-1.42 (-1.97%)

MRVL Marvell
$55.20 /

-2.42 (-4.20%)

IIVI II-VI
$62.14 /

-1.69 (-2.65%)

AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

AKTS Akoustis
$3.83 /

-0.07 (-1.80%)

ADI Analog Devices
$157.52 /

-1.26 (-0.79%)

WOLF Wolfspeed
$73.74 /

-4.36 (-5.58%)

SWKS Skyworks
$102.05 /

-1.42 (-1.37%)

QRVO Qorvo
$102.55 /

-2.22 (-2.12%)

QCOM Qualcomm
$133.98 /

-1.05 (-0.78%)

ON ON Semiconductor
$55.22 /

-1.025 (-1.82%)

NVDA Nvidia
$172.57 /

-4.395 (-2.48%)

MU Micron
$70.50 /

-1.42 (-1.97%)

MRVL Marvell
$55.20 /

-2.42 (-4.20%)

AVGO Broadcom
$582.86 /

-5.17 (-0.88%)

AMD AMD
$94.28 /

-0.835 (-0.88%)

ADI Analog Devices
$157.52 /

-1.26 (-0.79%)

Monday
Hot Stocks
Tepper's Appaloosa buys two casinos in Q1, exits T-Mobile and GM » 16:13
05/16/22
05/16
16:13
05/16/22
16:13
LVS

Las Vegas Sands

$33.32 /

-1.36 (-3.92%)

, WYNN

Wynn Resorts

$63.88 /

-2.34 (-3.53%)

, TMUS

T-Mobile

$126.16 /

-0.13 (-0.10%)

, GM

General Motors

$37.09 /

-1.12 (-2.93%)

, DHI

D.R. Horton

$68.31 /

-0.17 (-0.25%)

, PHM

PulteGroup

$42.64 /

+0.17 (+0.40%)

, KMX

CarMax

$92.40 /

+0.71 (+0.77%)

, ALIT

Alight

$8.15 /

+0.08 (+0.99%)

, UBER

Uber

$23.52 /

-0.84 (-3.45%)

, AMZN

Amazon.com

$2,214.00 /

-47.16 (-2.09%)

, MSFT

Microsoft

$260.95 /

-0.11 (-0.04%)

, FB

Meta Platforms

$199.46 /

+0.73 (+0.37%)

, MU

Micron

$70.36 /

-1.56 (-2.17%)

, PCG

PG&E

$11.81 /

+0.08 (+0.68%)

, M

Macy's

$20.88 /

-0.68 (-3.15%)

, XLE

Energy Select Sector SPDR

$82.85 /

+2.07 (+2.56%)

, GOOG

Alphabet

$2,292.15 /

-37.16 (-1.60%)

David Tepper's…

David Tepper's Appaloosa Management disclosed in an SEC filing its holdings as of March 31, 2022. Appaloosa made two new buys during the Q1: 525,000 shares of Las Vegas Sands (LVS) and 225,000 shares of Wynn Resorts (WYNN). Appaloosa exited 12 positions during the quarter, including by size of previous position, T-Mobile (TMUS), General Motors (GM), D.R. Horton (DHI), PulteGroup (PHM), CarMax (KMX) and Alight (ALIT). Appaloosa increased its stake in three holdings: Uber (UBER), Amazon.com (AMZN) and Microsoft (MSFT). The fund reduced its stake in 26 holdings, including by size of previous position, Meta Platforms (FB), Micron (MU), PG&E (PCG), Macy's (M) and Energy Select Sector SPDR (XLE). Appaloosa's top holdings as of March 31, 2022, in order of size, were Alphabet (GOOG), Amazon.com, Meta Platforms, Macy's and Micron.

ShowHide Related Items >><<
XLE Energy Select Sector SPDR
$82.85 /

+2.07 (+2.56%)

UBER Uber
$23.52 /

-0.84 (-3.45%)

TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

PCG PG&E
$11.81 /

+0.08 (+0.68%)

MU Micron
$70.36 /

-1.56 (-2.17%)

MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

M Macy's
$20.88 /

-0.68 (-3.15%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

KMX CarMax
$92.40 /

+0.71 (+0.77%)

GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

GM General Motors
$37.09 /

-1.12 (-2.93%)

FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

ALIT Alight
$8.15 /

+0.08 (+0.99%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

04/28/22 Stifel
Las Vegas Sands price target lowered to $46 from $56 at Stifel
04/28/22 Deutsche Bank
Las Vegas Sands price target lowered to $53 from $60 at Deutsche Bank
04/25/22 Morgan Stanley
Las Vegas Sands price target lowered to $39 from $44 at Morgan Stanley
04/19/22 JPMorgan
JPMorgan a buyer of Las Vegas Sands on recent pullback
WYNN Wynn Resorts
$63.88 /

-2.34 (-3.53%)

05/11/22 Deutsche Bank
Wynn Resorts price target lowered to $92 from $123 at Deutsche Bank
05/11/22 Wells Fargo
Wynn Resorts price target lowered to $79 from $97 at Wells Fargo
04/25/22 Morgan Stanley
Wynn Resorts price target lowered to $90 from $123 at Morgan Stanley
04/01/22 Citi
Wynn Resorts upgraded to Buy from Neutral at Citi
TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

05/05/22 Benchmark
Benchmark says T-Mobile added 'building block' to aggressive broadband plan
04/28/22 Benchmark
T-Mobile price target raised to $205 from $200 at Benchmark
03/23/22 KeyBanc
KeyBanc upgrades T-Mobile to Overweight with $155 price target
03/23/22 KeyBanc
T-Mobile upgraded to Overweight from Sector Weight at KeyBanc
GM General Motors
$37.09 /

-1.12 (-2.93%)

05/13/22 Morgan Stanley
General Motors price target lowered to $44 from $50 at Morgan Stanley
05/11/22 Wells Fargo
General Motors downgraded to Underweight from Overweight at Wells Fargo
05/10/22 Berenberg
General Motors initiated with a Buy at Berenberg
04/27/22 RBC Capital
General Motors price target lowered to $58 from $70 at RBC Capital
DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

04/27/22 BTIG
D.R. Horton price target lowered to $104 from $126 at BTIG
04/27/22 Wedbush
D.R. Horton price target lowered to $97 from $125 at Wedbush
04/27/22 RBC Capital
D.R. Horton price target lowered to $89 from $103 at RBC Capital
04/13/22 JPMorgan
D.R. Horton price target lowered to $82.50 from $100 at JPMorgan
PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

05/02/22 Wedbush
PulteGroup price target lowered to $57 from $68 at Wedbush
04/29/22 RBC Capital
PulteGroup price target lowered to $56 from $63 at RBC Capital
04/13/22 JPMorgan
PulteGroup price target lowered to $48 from $57 at JPMorgan
04/05/22 Credit Suisse
PulteGroup initiated with an Outperform at Credit Suisse
KMX CarMax
$92.40 /

+0.71 (+0.77%)

05/16/22 Evercore ISI
CarMax added to 'Tactical Outperform' list at Evercore ISI
05/02/22 Needham
Needham starts CarMax at Hold amid increased spending on omni-channel strategy
05/02/22 Needham
CarMax initiated with a Hold at Needham
04/13/22 RBC Capital
CarMax price target lowered to $104 from $140 at RBC Capital
ALIT Alight
$8.15 /

+0.08 (+0.99%)

02/07/22 Stephens
Alight initiated with an Overweight at Stephens
08/16/21 Credit Suisse
Credit Suisse starts 'unique opportunity' Alight with Outperform
08/16/21 Credit Suisse
Alight initiated with an Outperform at Credit Suisse
07/27/21 DA Davidson
Alight assumed with a Buy at DA Davidson
UBER Uber
$23.52 /

-0.84 (-3.45%)

05/05/22 Oppenheimer
Uber price target lowered to $40 from $45 at Oppenheimer
05/05/22 MKM Partners
Uber price target lowered to $41 from $65 at MKM Partners
05/05/22 Needham
Uber price target lowered to $50 from $68 at Needham
05/05/22 Wedbush
Uber price target lowered to $38 from $48 at Wedbush
AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

05/10/22 Morgan Stanley
Expectations for Affirm outlook 'meaningfully' lower, says Morgan Stanley
05/10/22 Morgan Stanley
Morgan Stanley sees 300% upside potential for Rivian in base case
05/02/22 Piper Sandler
Piper Sandler favors Rivian for exposure to commercial vans
05/02/22 Wedbush
Amazon.com removed from Best Ideas List at Wedbush
MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

05/13/22 Tigress Financial
Microsoft pullback 'major buying opportunity,' says Tigress Financial
05/06/22 Benchmark
Playstudios could still be target as industry consolidates, says Benchmark
04/29/22 OTR Global
Okta view downgraded to Negative from Mixed at OTR Global
04/28/22 Oppenheimer
ServiceNow price target lowered to $600 from $660 at Oppenheimer
FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

05/16/22 Morgan Stanley
Morgan Stanley 'even more encouraged' by Meta's more conservative hiring
04/28/22 MKM Partners
Meta Platforms price target lowered to $295 from $315 at MKM Partners
04/28/22 Evercore ISI
Meta Platforms price target lowered to $325 from $350 at Evercore ISI
04/28/22 Oppenheimer
Oppenheimer maintains Outperform, $305 target on Meta Platforms after Q1 results
MU Micron
$70.36 /

-1.56 (-2.17%)

05/13/22 Evercore ISI
Evercore reiterates Outperform rating, $90 target on Micron after analyst day
05/13/22 Wells Fargo
Micron shares deserve rerating, says Wells Fargo
05/13/22 Citi
Citi reiterates $120 price target on Micron after analsyt meeting
04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
PCG PG&E
$11.81 /

+0.08 (+0.68%)

04/25/22 Credit Suisse
PG&E initiated with an Outperform at Credit Suisse
04/12/22 Mizuho
PG&E price target raised to $18 from $16 at Mizuho
02/28/22 Mizuho
PG&E price target lowered to $16 from $17.50 at Mizuho
01/28/22 Mizuho
PG&E price target raised to $17.50 from $16 at Mizuho
M Macy's
$20.88 /

-0.68 (-3.15%)

05/16/22 JPMorgan
Macy's price target lowered to $30 from $33 at JPMorgan
05/11/22 OTR Global
Macy's view downgraded to Mixed from Positive at OTR Global
02/24/22 Citi
Citi upgrades Macy's to Neutral with challenges priced in
02/24/22 Citi
Macy's upgraded to Neutral from Sell at Citi
XLE Energy Select Sector SPDR
$82.85 /

+2.07 (+2.56%)

07/21/21 Goldman Sachs
Halliburton upgraded to Buy from Neutral at Goldman Sachs
GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

05/10/22 Piper Sandler
Match Group suit against Google not surprising, says Piper Sandler
05/03/22 Cowen
Enovix order 'perhaps' from Apple or Google, says Cowen
05/02/22 Rosenblatt
Apple price target lowered to $168 from $184 at Rosenblatt
04/27/22 Guggenheim
Alphabet price target lowered to $3,000 from $3,350 at Guggenheim
WYNN Wynn Resorts
$63.88 /

-2.34 (-3.53%)

UBER Uber
$23.52 /

-0.84 (-3.45%)

TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

PCG PG&E
$11.81 /

+0.08 (+0.68%)

MU Micron
$70.36 /

-1.56 (-2.17%)

MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

M Macy's
$20.88 /

-0.68 (-3.15%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

KMX CarMax
$92.40 /

+0.71 (+0.77%)

GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

GM General Motors
$37.09 /

-1.12 (-2.93%)

FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

ALIT Alight
$8.15 /

+0.08 (+0.99%)

  • 01
    Feb
  • 09
    Sep
  • 29
    Jul
UBER Uber
$23.52 /

-0.84 (-3.45%)

TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

MU Micron
$70.36 /

-1.56 (-2.17%)

MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

M Macy's
$20.88 /

-0.68 (-3.15%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

KMX CarMax
$92.40 /

+0.71 (+0.77%)

GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

GM General Motors
$37.09 /

-1.12 (-2.93%)

FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

WYNN Wynn Resorts
$63.88 /

-2.34 (-3.53%)

UBER Uber
$23.52 /

-0.84 (-3.45%)

TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

PCG PG&E
$11.81 /

+0.08 (+0.68%)

MU Micron
$70.36 /

-1.56 (-2.17%)

MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

M Macy's
$20.88 /

-0.68 (-3.15%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

KMX CarMax
$92.40 /

+0.71 (+0.77%)

GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

GM General Motors
$37.09 /

-1.12 (-2.93%)

FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

ALIT Alight
$8.15 /

+0.08 (+0.99%)

XLE Energy Select Sector SPDR
$82.85 /

+2.07 (+2.56%)

WYNN Wynn Resorts
$63.88 /

-2.34 (-3.53%)

UBER Uber
$23.52 /

-0.84 (-3.45%)

TMUS T-Mobile
$126.16 /

-0.13 (-0.10%)

PHM PulteGroup
$42.64 /

+0.17 (+0.40%)

PCG PG&E
$11.81 /

+0.08 (+0.68%)

MU Micron
$70.36 /

-1.56 (-2.17%)

MSFT Microsoft
$260.95 /

-0.11 (-0.04%)

M Macy's
$20.88 /

-0.68 (-3.15%)

LVS Las Vegas Sands
$33.32 /

-1.36 (-3.92%)

KMX CarMax
$92.40 /

+0.71 (+0.77%)

GOOG Alphabet
$2,292.15 /

-37.16 (-1.60%)

GM General Motors
$37.09 /

-1.12 (-2.93%)

FB Meta Platforms
$199.46 /

+0.73 (+0.37%)

DHI D.R. Horton
$68.31 /

-0.17 (-0.25%)

AMZN Amazon.com
$2,214.00 /

-47.16 (-2.09%)

XLE Energy Select Sector SPDR
$82.85 /

+2.07 (+2.56%)

Saturday
Periodicals
Western Digital, Micron look 'impossibly' cheap, Barron's says » 10:02
05/14/22
05/14
10:02
05/14/22
10:02
WDC

Western Digital

$58.45 /

+2.935 (+5.29%)

, MU

Micron

$71.92 /

+4.15 (+6.12%)

Historically, companies…

Historically, companies like Western Digital (WDC) and Micron Technology (MU), which make digital storage, have been lousy investments but, at a time of nearly unprecedented tech stock volatility, investors should now buy them both, Eric J. Savitz writes in this week's edition of Barron's. Micron is one of the market's cheapest stocks on a price/earnings basis-it trades at about five times projected profits for the next 12 months. Meanwhile, Western Digital trades for six times profits for the same period. That makes it the second-cheapest tech stock, the author notes. These are more than cheap stocks, though, and both companies have radically different end markets than they did just five years ago-their close ties to the PC market are fading, the publication adds. Reference Link

ShowHide Related Items >><<
WDC Western Digital
$58.45 /

+2.935 (+5.29%)

MU Micron
$71.92 /

+4.15 (+6.12%)

WDC Western Digital
$58.45 /

+2.935 (+5.29%)

05/11/22 Wells Fargo
Western Digital price target raised to $75 from $70 at Wells Fargo
05/11/22 Deutsche Bank
Western Digital price target raised to $72 from $63 at Deutsche Bank
05/04/22 Susquehanna
Western Digital price target raised to $66 from $50 at Susquehanna
05/03/22 Citi
Western Digital has several paths to unlock value, says Citi
MU Micron
$71.92 /

+4.15 (+6.12%)

05/13/22 Evercore ISI
Evercore reiterates Outperform rating, $90 target on Micron after analyst day
05/13/22 Wells Fargo
Micron shares deserve rerating, says Wells Fargo
05/13/22 Citi
Citi reiterates $120 price target on Micron after analsyt meeting
04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
WDC Western Digital
$58.45 /

+2.935 (+5.29%)

MU Micron
$71.92 /

+4.15 (+6.12%)

WDC Western Digital
$58.45 /

+2.935 (+5.29%)

MU Micron
$71.92 /

+4.15 (+6.12%)

WDC Western Digital
$58.45 /

+2.935 (+5.29%)

MU Micron
$71.92 /

+4.15 (+6.12%)

WDC Western Digital
$58.45 /

+2.935 (+5.29%)

MU Micron
$71.92 /

+4.15 (+6.12%)

Over a week ago
Recommendations
Evercore reiterates Outperform rating, $90 target on Micron after analyst day » 08:48
05/13/22
05/13
08:48
05/13/22
08:48
MU

Micron

$67.69 /

+0.72 (+1.08%)

Evercore ISI analyst C.J.…

Evercore ISI analyst C.J. Muse reiterates his Outperform rating and $90 price target on Micron shares following the company's analyst day meeting. While he "can't say there were too many surprises," the event's biggest takeaways were that the memory industry is outgrowing the overall semiconductor industry, the players here are "acting in a highly disciplined manner" and Micron is executing very well, Muse said. The analyst, who argues that a lot of bad news is already embedded in Micron shares, believes a share price in the high $60's "represents a steal" for anyone with duration, he added.

ShowHide Related Items >><<
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

05/13/22 Wells Fargo
Micron shares deserve rerating, says Wells Fargo
05/13/22 Citi
Citi reiterates $120 price target on Micron after analsyt meeting
04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

Recommendations
Micron shares deserve rerating, says Wells Fargo » 07:18
05/13/22
05/13
07:18
05/13/22
07:18
MU

Micron

/

+

After attending…

After attending Micron's investor day, Wells Fargo analyst Aaron Rakers said the company's presentations and his talks with management reinforce his belief that Micron should be considered "an $8/sh.+ thru-cycle EPS story" that deserves a long-term valuation rerating. Micron introduced a new cross-cycle financial model that includes high-single-digit revenue growth and about 30% operating margins, noted Rakers, who called out the announcement of a focus on moving toward Forward Pricing Agreements with customers as "a key highlight" of the event. Rakers has an Overweight rating and $115 price target on Micron shares.

ShowHide Related Items >><<
MU Micron
/

+

MU Micron
/

+

05/13/22 Citi
Citi reiterates $120 price target on Micron after analsyt meeting
04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
MU Micron
/

+

MU Micron
/

+

MU Micron
/

+

MU Micron
/

+

Recommendations
Citi reiterates $120 price target on Micron after analsyt meeting » 06:25
05/13/22
05/13
06:25
05/13/22
06:25
MU

Micron

$67.69 /

+0.72 (+1.08%)

Citi analyst Christopher…

Citi analyst Christopher Danely reiterates a Buy rating on Micron Technology with a $120 price target following the company's analyst meeting. Micron announced a long-term financial model with a high single-digit revenue growth and a 30% operating margin target, in line with its recent financial performance, Danely tells investors in a research note. The analyst believes the 30% normalized operating margins translates to roughly $7.75 in normalized/through-cycle earnings per share. Micron is one of the only stocks in Citi's coverage universe at mid-cycle margins with low exposure to excess inventory, says the analyst.

ShowHide Related Items >><<
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
03/30/22 Mizuho
Micron price target raised to $113 from $110 at Mizuho
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

Conference/Events
Micron management to meet with UBS » 04:55
05/13/22
05/13
04:55
05/13/22
04:55
MU

Micron

$67.69 /

+0.72 (+1.08%)

Meeting with CFO Murphy…

Meeting with CFO Murphy to be held in San Francisco on May 13 hosted by UBS.

ShowHide Related Items >><<
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
03/30/22 Mizuho
Micron price target raised to $113 from $110 at Mizuho
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

Hot Stocks
Micron CEO: Our end markets are well diversified » 18:45
05/12/22
05/12
18:45
05/12/22
18:45
MU

Micron

$67.69 /

+0.72 (+1.08%)

In an interview on…

In an interview on CNBC's Mad Money, Sanjay Mehrotra said demand trends are secular in Micron's end markets. He is confident in the company's demand drivers and its execution. Micron is number one in automotive and industrial IOT, he noted. The company is an "innovation powerhouse," with 50,000 patents, he added. Enterprise and desktop PCs continue to be a "healthy market" for Micron.

ShowHide Related Items >><<
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
03/30/22 Mizuho
Micron price target raised to $113 from $110 at Mizuho
MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

MU Micron
$67.69 /

+0.72 (+1.08%)

Hot Stocks
Micron to raise dividend to 11.5c from 10c per share » 14:12
05/12/22
05/12
14:12
05/12/22
14:12
MU

Micron

$67.35 /

+0.38 (+0.57%)

On May 12, at its…

On May 12, at its Investor Day presentation, Micron Technology announced its intention to increase its quarterly dividend from 10c per share of outstanding company common stock to 11.5c per share of outstanding company common stock.

ShowHide Related Items >><<
MU Micron
$67.35 /

+0.38 (+0.57%)

MU Micron
$67.35 /

+0.38 (+0.57%)

04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
03/30/22 Mizuho
Micron price target raised to $113 from $110 at Mizuho
MU Micron
$67.35 /

+0.38 (+0.57%)

MU Micron
$67.35 /

+0.38 (+0.57%)

MU Micron
$67.35 /

+0.38 (+0.57%)

MU Micron
$67.35 /

+0.38 (+0.57%)

Conference/Events
Micron to host investor day » 11:25
05/12/22
05/12
11:25
05/12/22
11:25
MU

Micron

$67.98 /

+1.01 (+1.51%)

Investor Day to be held…

Investor Day to be held in San Francisco on May 12 at 11:30 am. Webcast Link

ShowHide Related Items >><<
MU Micron
$67.98 /

+1.01 (+1.51%)

MU Micron
$67.98 /

+1.01 (+1.51%)

04/01/22 Citi
NAND memory news to be catalyst for Lam Research, says Citi
03/30/22 Susquehanna
Micron average selling prices trend better than feared, says Susquehanna
03/30/22 Morgan Stanley
Micron price target raised to $83 from $77 at Morgan Stanley
03/30/22 Mizuho
Micron price target raised to $113 from $110 at Mizuho
MU Micron
$67.98 /

+1.01 (+1.51%)

MU Micron
$67.98 /

+1.01 (+1.51%)

MU Micron
$67.98 /

+1.01 (+1.51%)

MU Micron
$67.98 /

+1.01 (+1.51%)

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