|Day Low/High||98.05 / 100.76|
|52 Wk Low/High||73.95 / 123.99|
Comments from MediaTek on accelerated volume shipments of 5G modem chipsets bode well for Dycom Industries.
PALM BEACH GARDENS, Fla., June 5, 2018 /PRNewswire/ -- Dycom Industries, Inc.
We initiated a new position in Universal Display during a week highlighted by tariff developments and political drama out of Italy.
During a range-bound week for the market, we scaled into Dycom at favorable prices and called up Rockwell Automation from the Bullpen.
Dycom’s expectations on deployment of 5G networks confirms our investment thesis on both AXTI and NOK shares.
We are buying more shares of Dycom Industries and bringing Rockwell Automation in from the Bullpen.
Our shares of Dycom Industries are under pressure following an earnings miss and reduced guidance.
A growth-inspired confidence and key double sector breakout. Oh yeah.
Compared to the domestic equity market, the Trifecta portfolio delivered a rather favorable performance this week.
During a mixed week for the market we scaled into a handful of positions including our inverse ETF names.
While the market traded slightly lower for the week, Trifecta holding Amazon popped on blowout earnings.
A number of our positions are easily outperforming the market this quarter even after the late-week fade.
Alongside the market’s move higher this week and the kickoff of another earnings season, shares of nearly all of our positions increased.
While market swings certainly had an impact on the portfolio, we still had several outperformers on a relative basis this week.
With a potential low on the price chart, this would be a good spot to add some shares.
We removed one position from the portfolio this week as the market closed out a tumultuous quarter.
We exited one position this week as the market declined on an overflowing plate of items to digest.
A quant downgrade forced us to exit one position but we added three new names as the market drifted lower.
We are selling all our Alphabet shares for a hefty gain and adding Dycom Industries back to the portfolio.
OLED is just one reason to pay attention to this annual showcase for mobile technology.
In recent trading, shares of Dycom Industries, Inc. have crossed above the average analyst 12-month target price of $121.28, changing hands for $122.80/share.
A plan reportedly crafted by Trump administration officials suggests the government would build a 5G network and lease capacity to telecoms. If accurate, the plan would have major implications for multiple industries.
Dycom Industries builds wireless and wireline networks for customers including AT&T, Verizon, Comcast and others.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.