With shares trading at 8 times earnings with a 4.3% dividend yield and management finally acknowledging the low valuation of the company, we are having a hard time continuing to be so pessimistic about this name.
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Investing Club: Here’s why we’re reversing last month’s downgrade of American Eagle
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Advantest shares jump as much as 14% as AI chip boom drives record sales and higher profit outlook
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Shares of Japanese semiconductor equipment maker Advantest jumped as much as 14% Thursday after the company posted record quarterly sales, before paring gains to about 7%. Operating profit for […]
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Gold and silver keep hitting record highs. Is the precious metals market ‘broken’?
Gold extended its a relentless rally on Thursday, crossing past $5,500 per ounce and hitting another record high. Spot gold prices gained more than 3%, and were last trading at $5,501.18 an ounce, according to LSEG data. Gold futures for February rose over 3% to reach $5,568.66 per ounce. Spot silver prices advanced over 2% […]
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Gold prices jump more than 3% as Asia markets set to trade mixed after U.S. Fed holds rates
An aerial view of Singapore’s skyline. Tong Thi Viet Phuong | Moment | Getty Images Spot gold prices rose to a fresh record Thursday after the U.S. Federal Reserve overnight kept its benchmark rate steady at a target range of 3.5% to 3.75%. The bullion rose more than 3% to breach the $5,500 per ounce […]
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