-
New DRAM/NAND Data Neutral For Semiconductor Stocks Says Pacific Crest; Western Digital Still 'Favorite' Idea In 2016
Monday, January 4, 2016 - 10:50am | 286According to a new note from Pacific Crest analyst Monika Garg, the latest December PC DRAM and NAND pricing data is neutral for the market's biggest semiconductor stocks. Last month, DRAM pricing fell by 2 percent while NAND pricing fell by 2.4 percent. This shouldn't overly concern...
-
Pacific Crest Says SanDisk's 'Big Beat' Suggests Company Making A 'Comeback'
Thursday, July 23, 2015 - 9:43am | 346Shares of SanDisk Corporation (NASDAQ: SNDK) were trading higher by more than 10 percent Thursday after the company reported its second quarter results Wednesday afternoon. In a report published Thursday, Pacific Crest analyst Monika Garg commented that SanDisk's "big beat"...
-
SanDisk Analysts Sees Both Risk And Upside Heading Into Earnings
Wednesday, July 22, 2015 - 3:30pm | 872SanDisk Corporation (NASDAQ: SNDK) is scheduled to report its second quarter results after Wednesday's market close. Estimize is calling for the company to earn $0.36 per share (based on 28 estimates) in the quarter on revenue of $1.198 billion. This compares to the Wall Street consensus...
-
7 Ways To Play The Digital Ally Spike
Friday, April 10, 2015 - 1:23pm | 742Digital Ally, Inc. (NASDAQ: DGLY) closed up 12.64 percent on Thursday after investors poured into the stock. The company (which is not covered by Wall Street analysts and is currently down more than 4 percent) has received a lot of media attention this week, but there are other ways to play this...
-
Citigroup Says SanDisk's Numbers Will Improve
Thursday, April 9, 2015 - 10:19am | 268In a report published Wednesday, Citigroup analyst Joe Yoo commented that SanDisk Corporation (NASDAQ: SNDK) faces several "troubling" near-term challenges, but this isn't necessarily a bad thing for investors as much of the bad news is already reflected in lowered earning per share estimates....
-
SanDisk Is An 'Excellent' Takeover Candidate, Bernstein Analysts Argue
Monday, April 6, 2015 - 10:28am | 243In a report published Monday, Bernstein analyst Mark Newman commented that following two consecutive quarters of guide-downs, shares of SanDisk Corporation (NASDAQ: SNDK) are now trading approximately 40 percent below its replacement value (fabs, royalty and cash). According to Newman, the 40...
-
Markets Sell-Off After Malaysian Airline Crash In Ukraine
Thursday, July 17, 2014 - 4:50pm | 3179U.S. stocks sold off after news reports began to surface that a Malaysian Airlines jet has crashed in Ukraine. While details have yet to be confirmed, a Ukraine minister claimed that the plane, which carried nearly 300 people, was shot down by rebels. Also not helping the market sentiment...
-
Earnings Expectations For The Week Of July 14: Big Banks, Tech Giants And More
Monday, July 14, 2014 - 6:54am | 1131After Alcoa (NYSE: AA) and Wells Fargo (NYSE: WFC) kicked off the second-quarter earnings season last week, things ramp up this week with reports from many of the big banks, some tech giants and other blue-chips. Citigroup (NYSE: C), Goldman Sachs (NYSE: GS) and J.P. Morgan (NYSE: JPM) get...
-
Micron Technology Earnings Preview: Can Momentum Continue?
Sunday, June 22, 2014 - 12:13pm | 805Memory products maker Micron Technology (NASDAQ: MU), shares of which have been hitting new multi-year highs in the past few weeks, is scheduled to report its fiscal third-quarter results Monday June 23, after the markets close. Analyst sentiment has been bullish, and Micron's acquisition...
-
Market Wrap For June 16: M&A Frenzy Keep Indices In Positive Territory
Monday, June 16, 2014 - 4:33pm | 1781U.S. stocks closed the day slightly higher as a mergers and acquisition heavy trading session eased fears over escalating violence in Iraq. The New York Federal Reserve's Empire State index for June showed that business conditions in June rose from May. In fact, June's reading proved...
-
Market Wrap For June 10: Stocks Showed Little Change On Light Volume
Tuesday, June 10, 2014 - 4:41pm | 2151U.S. stocks were mostly unchanged on a catalyst-light day characterized by low volume. The SPDR S&P 500 ETF (NYSE: SPY) has a three-month daily average volume of over 101 million only traded hands 47.8 million times on Tuesday. With little economic or market moving catalysts due in the...
-
Market Wrap For May 5: Dow Erases Triple-Digit Loss, All Three Major Indices Positive
Monday, May 5, 2014 - 4:36pm | 2443U.S. stocks rose as investors found that the positives in the U.S. services sector outweighed concerns over an escalating conflict in Ukraine. The Institute for Supply Management said that its service-sector index rose to 55.2. Any reading above 50.0 indicates an expansion. Also, the index...
-
Earnings Expectations For The Week Of April 14: Coca-Cola, Goldman Sachs, Google And More
Monday, April 14, 2014 - 6:33am | 999The new earnings season kicks into high gear this shortened week. Highlights will include quarterly reports from Bank of America, Citigroup and Goldman Sachs, from Intel and IBM, and from Coca-Cola, which are all expected to post earnings declines, as well as from Google and Johnson & Johnson...
-
Market Wrap For March 21: Markets End Friday On A Negative Note, But Still Positive For The Week
Friday, March 21, 2014 - 4:38pm | 2353U.S. stocks slipped to negative territory aided in part by Friday being a quadruple witching trading session. Major indices sold off in the afternoon as investors likely took some chips off the table going in to an uncertain weekend with the situation in Ukraine far from resolved. The S&P...
-
Earnings Expectations For The Week Of January 20: Microsoft, McDonald's, Netflix And More
Sunday, January 19, 2014 - 2:27pm | 953The markets are closed on Monday for Martin Luther King Day, but after that the earnings season shifts back into high gear. The consensus forecasts for eBay, McDonald's, Netflix, Starbucks and Verizon call for year-over-year growth in per-share earnings. But analysts are looking for declining...