This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stocks Sinking to 52-Week Lows: Vera Bradley, Splunk

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Cypress Semiconductor

"CY's 2H consensus growth is still well above its Touch peers with a 3%+ dividend yield, material buybacks and incubating significant Technologies," Sterne Agee wrote in a May 31 report. "With the pullback, CY's valuation also presents an attractive risk-reward opportunity in the peer group."

Shares of Cypress Semiconductor hit a 52-week low of $12.16. The stock's 52-week high of $23.07 was set on July 7.

Cypress Semiconductor's forward P/E is 23.68; the average among its peers is 16.73. For comparison, Broadcom (BRCM) has a lower forward P/E of 19.35.

Eleven of the 18 analysts who cover Cypress Semiconductor rated it buy. Five analysts gave the stock a hold rating and two rated it sell.

The stock has fallen 27.41% year to date.

First Solar

"We value First Solar at 8x our 2012 ex-writeoff estimate of $3.80, and 5.5x our 2013 estimate of $5.46," Bank of America Merrill Lynch analysts wrote in a report on May 31. "Although we expect earnings to decline, the company's decision to reduce fixed cost and manufacturing capacity has reduced the rate of decline, and the result is that we see higher earnings and a higher potential earnings multiple. We note that the $30 price objective places the company at a slight discount to anticipated book value of $34 following the scheduled writedowns."

Shares of First Solar hit a 52-week low on Monday of $11.43. The stock's 52-week high of $142.22 was set on June 30.

Twenty-seven of the 39 analysts who cover First Solar rated it hold. Six analysts gave the stock a sell rating and another six rated it buy.

The stock has fallen 64.84% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AA $11.15 -1.41%
DMND $37.56 0.97%
FSLR $57.00 -8.10%
MOS $28.57 0.11%
AAPL $95.03 -2.90%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs