This Day On The Street
Continue to site
ADVERTISEMENT
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

Here's the Big Takeaway From CES


NEW YORK ( TheStreet) -- The Consumer Electronics Show (CES) this year seemed like more of the same from 2013, with 4K Ultra HD, the Internet of Things, and connected cars being the most prevalent themes. However, without one major "wow" device, it looks as if the chipmakers could be the ones to most benefit.



Research firm Oppenehimer noted that CES 2014 did not have any "must-have" devices, and that the Internet of Things was the pervasive theme. This trend, which Cisco (CSCO - Get Report) expects to evolve into a $14 trillion market over the next decade, could most benefit the semiconductor companies that help connect the various devices.

"This week we were most impressed with new electronic features/semiconductor content opportunities in automotive," Oppenheimer wrote in its report. "At the same time, we were most uninspired by the multitude of new wearable devices. We see limited consumer appeal, and limited opportunities for semi vendors to benefit from wearables through at least 2014."

In Oppeneheimer's coverage, NVIDIA (NVDA - Get Report) is the chip company it had its "most positive meeting" with, and was more cautious in the near term on Maxim Integrated Products (MXIM - Get Report).

NVIDIA is perhaps best known at CES 2014 for creating a crop circle to build hype around its 192 core processor chip, codenamed Tegra K1.

--Written by Chris Ciaccia in New York



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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
CSCO $29.31 0.00%
NVDA $22.13 0.00%
MXIM $35.07 0.00%
AAPL $130.28 0.00%
FB $79.19 0.00%

Markets

DOW 18,010.68 -115.44 -0.64%
S&P 500 2,107.39 -13.40 -0.63%
NASDAQ 5,070.0260 -27.95 -0.55%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs