Micron Technology Inc
Investment banks pick their top stocks to buy in the ‘beaten down’ tech sector
Analysts at leading investment banks say a number of tech stocks present compelling buying opportunities right now — with some more than 30% off their 52-week highs. A storm of headwinds have hit tech stocks and investors are asking about names that are nearing the bottom, according to Bank of America . “Tech is facing […]
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These are the cheapest stocks in the S&P 500 that could be buying opportunities
The last two months have been chaotic for Wall Street as big technology giants like Alphabet and Netflix stretch further into bear market territory and the S & P 500 enters a bear market of its own. While the short-term selling could be far from over, the current market conditions may mark an opportune time […]
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Goldman Sachs says a new investment cycle is coming — and names the stocks that could win
Goldman Sachs says we’re entering a new, “postmodern” investment cycle. Here’s what the bank thinks is in store — and the stocks investors should own to cash in. The emerging cycle — post the Covid pandemic — is likely to be driven by different economic conditions and priorities, leading to new investment opportunities, the bank […]
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Enterprise and desktop PCs still ‘a healthy market’ as personal PCs see slowdown, says Micron CEO
Micron chief executive Sanjay Mehrotra told CNBC’s Jim Cramer on Thursday that the market for enterprise and desktop PCs remains healthy despite the personal PCs market experiencing a slowdown. “It’s not like anything is falling off the cliff,” Mehrotra said in an interview on “Mad Money.” “Yes, while consumer PCs lately are not experiencing the […]
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Guggenheim’s Minerd says beaten up fintech, homebuilders are rebound candidates
Some tech stocks are poised for a rebound, while other sectors are set to benefit in an inflationary environment. Source
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Intel beats but offers disappointing guidance
Intel shares fell 4% in extended trading on Thursday after the chipmaker issued a lower-than-expected forecast for its fiscal second quarter. Here’s how the company did: Earnings: 87 cents per share, adjusted, vs. 81 cents as expected by analysts, according to Refinitiv. Revenue: $18.35 billion, vs. $18.31 billion as expected by analysts, according to Refinitiv. […]
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These global stocks look cheap after falling over 20% — and analysts love them
These buy-rated stocks look to be trading at a sharp discount and could be primed for big returns going forward. Source
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Citi downgrades NXP Semiconductors, says company’s margins are near their peak
NXP Semiconductors NV will likely be stuck in the mud for a while, according to Citi. Source
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These stocks have major earnings mojo heading into a difficult reporting season
Investors anticipating a choppy earnings season could look into these nine companies with a track record for earnings surprises, a CNBC Pro screen found. Source
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Jim Cramer names 7 beaten-down semiconductor stocks that look ‘enticing’
CNBC’s Jim Cramer on Wednesday offered investors a list of seven semiconductor chip stocks he believes could be attractive buys. “I think there’s a sense that the chipmakers will get hurt as we head into a [Federal Reserve]-mandated recession,” the “Mad Money” host said, referring to the Fed’s upcoming interest rate hikes. “At these levels, […]
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