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

Will Big Technology Perform or Crash on Earnings?

NEW YORK ( TheStreet) -- This is a partial list of must-watch technology stocks reporting earnings the week of July 19. Here you will find the highest volume stocks capable of making headlines.

AMD Chart AMD data by YCharts

Advanced Micro Devices(AMD - Get Report)

Who They Are: AMD trades an average of 19.2 million shares per day with a marketcap of $3.4 Billion.
52-Week High: $8.25
52-Week Low: $4.53
Book Value: $1.50
Float Short: 14.71%
Price To Book: 3.25

AMD is expected to report weak second-quarter earnings after the market closes on July 19. The consensus estimate is currently 8 cents a share, down a penny (11.1%) from 9 cents in the same period last year. Anyone who has looked at an AMD chart recently knows much of the loss is from July 9, when the company said the earnings release will look bleak.

The trailing 12-month price-to-earnings ratio is 8.9 and the mean fiscal-year estimated P/E is 9.21, based on earnings of 53 cents a share this year. With Intel (INTC - Get Report) and Nvidia (NVDA) gaining market share at AMD's expense, 53 cents a share may be optimistic.

AMD beat estimates in the last four quarters, but there is no reason to believe it will again after its earnings warning a few days ago.

Management has predicted an improvement in year-over-year revenue. Revenue was $6.49 billion last fiscal year, compared to $5.40 billion the previous year. The bottom line shows rising earnings year-over-year of $471 million last fiscal year, compared to $376 million the previous year.

AMD last released earnings on April 19, and the closing price before then was $7.97. Since then, its shares have fallen nearly 39%, with a 15% drop this month alone. AMD has reached oversold status on my charts, and I will look for put options to sell in front of earnings to capture premium and expected price appreciation.
1 of 5

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
AMD $2.33 0.00%
INTC $34.46 0.00%
MSFT $53.93 0.00%
NOK $7.19 0.00%
TSM $22.45 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs