|Day Low/High||25.55 / 25.98|
|52 Wk Low/High||14.34 / 27.64|
Easing trade tensions and steepening yield curve add to bulls' optimism.
A trade deal still seems far away, so check your China exposure, again, as earnings season approaches.
But whether the Chinese will make concessions will remains to be seen. So far, they have not given an inch, and they have the most to lose.
Jim Cramer says politicians, media and government agencies may be taking aim at the tech giants, but consumers still love them and their products.
Jim Cramer weighs in on Pilgrim's Pride, Rio Tinto, Sarepta Therapeutics, MGP Ingredients, Occidental Petroleum and more.
Marvell Technology, Nvidia and Lam Research were all in the green.
Stocks fell on manufacturing worries, but snapped back by the end of the week on renewed hopes for easing U.S.- China trade tensions.
One group that rallies the hardest on positive trade headlines is the semis, and we have terrific exposure to the group through our big investments, including Lam Research.
TheStreet Quant Ratings provides fair and objective information to help you make educated investing decisions. We rate over 4,100 stocks daily and provide 5-page PDF reports for each stock. These ratings can change daily and today's changes are reflected in the email below. If you are looking to check-up on the stocks you currently own or are looking for new ideas, you can find our full database of password-protected ratings reports in our proprietary ratings screener: http://www.thestreet.com/k/qr/flat/stock-screener.html Upgrades: None Downgrades: AAME, CO, ICCC, KE, LRAD, MLI, MRVL, SWIR, Z, ZG Initiations: CRNX Read on to get TheStreet Quant Ratings' detailed report:
Jeff discusses Marvell Technology Group, Palo Alto Networks, and more!
Stocks end the last trading day of August mixed on Friday as declining consumer sentiment chips away at U.S.-China trade war optimism.
Marvell brushed off a light quarterly outlook, while Workday slumped in spite of raising its guidance. Valuations are a factor, but so are long-term expectations.
Huawei and the U.S.-China Trade Wars continue to weigh on many tech companies with Marvell being no exception.
Marvell isn't a quarter-to-quarter story and analysts are advising investors to treat it with longer-term targets in mind.
Marvell is having trouble moving forecasts as trade uncertainties temper optimism.
U.S. stock futures rise as Beijing and Washington appear willing to work toward resolving their ongoing trade battle; Marvell Technology and Ulta Beauty both lower guidance and their shares sink; Dorian strengthens to a Category 2 hurricane.
Industry conditions are expected to get tougher, leading to lower-than-expected third quarter revenue projections, but we believe earnings power over the next two years looks attractive.
SANTA CLARA, Calif., Aug.
The chipmaker beat on earnings and revenue for the second quarter, but gave a weaker-than-expected outlook for the third quarter.
- Q2 Revenue: $657 million
Reduce holdings on Marvell Technology, given warnings from daily and weekly charts. The stock is below its 50-day simple moving average at $24.95 and its weekly chart is negative.
Jeff fills in for Jim to discuss Burlington Stores earnings, preview the upcoming Marvell Technology Group quarter, and share his thoughts on recent Disney+ and Kohl's news.
U.S. stock futures jump after China says it won't immediately retaliate against the latest tariff increase on China-made goods announced by Donald Trump last week; the economic calendar Thursday includes the second estimate of second-quarter GDP; Dollar Tree, Dollar General and Best Buy report earnings.
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