|Day Low/High||111.34 / 112.83|
|52 Wk Low/High||63.10 / 112.83|
A key chart indicates an enduring uptrend line in this maker of wafer fabrication equipment.
Shares of the semiconductor equipment maker can go higher.
The chip manufacturing giant's outlook fits with reports of iPhone 7 order cuts, and points to a conservative stance on future iPhone 8 orders.
The most recent short interest data has been released for the 12/30/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Skyworks Solutions might've been downgraded but Cramer continues to like other semiconductor stocks.
NVIDIA, NXP Semi and Applied Materials could all continue their big runs this year.
Jim Cramer ponders how it's OK again to like stocks (count your blessings), and points out that with Icahn advising Trump, banks are the way to bet.
More mega-deals get done, Intel and Nvidia face stiffer competition, and Snapchat receives more scrutiny after a successful IPO, among other forecasts.
There are reasons why days like this happen -- and they're always going to happen.
Micron's better-than-expected fiscal 2017 first-quarter results could act as a catalyst to boost other companies higher, TheStreet's Jim Cramer said. He also picks trickle-down winners.
Applied Materials, ASML Holding and Lam Research will benefit from increasing demand, Cramer says.
Lam Research shares move higher after Goldman Sachs upgraded the company from neutral to a buy.
Goldman Sachs analyst Toshiya Hari upgraded shares of the semiconductor equipment provider on Monday to 'conviction buy.'
Jim Cramer ponders how Friday's market made no sense, and how it's time for some comebacks by some tech companies.
It's the most random day of the week, with stocks all over the map.
Every time you see rates go up you are going to see high-growth stocks go down.
Booming demand for mobile storage and data center solid state drives is helping memory makers. Hard drive makers are benefiting indirectly for now, but they have reasons to be nervous.
Investors appear to be holding their positions and not anxious to get out.
The problems facing Samsung in the wake of its Galaxy Note 7 battery fires are putting additional focus on semiconductor suppliers like Lam Resarch, says Jim Cramer.
This is new doctrine having to do with innovation and the stifling of innovation to create new products.
M&A dollar volume is down as dealmakers worry about political uncertainties at home and abroad.
Regulatory issues will weigh on this deal, because of populist politics.
Cramer shares his views on the unkillable market. NXP Semiconductor, Walgreens and Dow Chemical are among the stocks discussed.
Prospective deals are hijacking an earnings-based focus on fundamentals.