Many traders are bottom-feeding beaten down tech stocks. Over the long term, that could work well… but if you’re looking for a nice intermediate trade, it could prove rough. That’s why, I’d rather look at sectors that are down… as most of the market is… but not very far down. I’m not talking about investing […]
Technology Stocks
Sony Follows in Amazon’s Successful Path
Japan’s entertainment and electronics conglomerate Sony Group (SONY) is about to hit a major milestone. In this fiscal year, its revenues will hit the 10 trillion yen mark (about $86.5 billion)—gain of roughly 50% over the past decade. That’s pretty darn good, and in sharp contrast to many of Japan’s conglomerates, where revenues have actually […]
Vizio Shares Near 52-Week Low Ahead of Earnings
VIZIO Holdings (VZIO) shares are trading near their recent 52-week low—south of $12—following the company’s initial public offering (IPO) of $21 in March of last year. At the time, the company priced just over 12 million shares at $21-$23 in its debut; after the deal, the size was reduced from 15 million shares. In its […]
Chip Backlogs Worsen; Here’s How to Profit
There has been a lot of happy talk coming from Wall Street lately about how semiconductor shortages will be over soon. Don’t believe a word of it. Semiconductor Shortage Persists According to the U.S. electronic component distributor Sourcengine, lead times for chip orders in early February grew from five to 15 weeks longer from where […]
Are Tech Stocks Set To Rebound?
One of the most heavily traded ETFs in the world is the Invesco QQQ Trust (QQQ), which tracks the Nasdaq-100. The ETF also has massive options trading action, with an average of nearly 2 million options contracts trading per day. It’s been a rough start to the year for QQQ, but options activity suggests it […]
Palantir Could be a Bargain at Current Levels
Shares of Palantir (PLTR) are down 65% from the January 2021 high of $39, bottoming bottomed at $11.75 on January 24 of this year. It is an interesting company and many investors think could make for a good buying opportunity. Palantir was co-founded in 2003 and went public in late September 2020. As a private […]
Always Keep This Investing Metric on Your Side
Dear Investor, Recently I heard a TV stock pundit note that ever since Exxon Mobil (XOM) was booted from the Dow Jones Industrial Average, its share price is up over 100%. Meanwhile, the hot tech-sector stock that replaced Exxon is down 21%. This story indicates how often investors don’t take valuation into their investment decision […]
TSM Extends Its Dominance in Chips
Soaring demand for semiconductors used in smartphones, laptops, and other gadgets during the pandemic has led to an acute chip crunch, keeping order books full at Taiwan Semiconductor (TSM), the world’s most valuable and largest semiconductor manufacturer. No wonder it reported a record quarterly profit. Taiwan Semiconductor’s revenue growth went above 20% year on year […]
This Stock Represents a Pure Play on Zuckerburg’s Metaverse
Matterport (MTTR) is one of the purest plays in the new market being referred to as the metaverse, and it has started to gain traction after Facebook officially changed its name to Meta Platforms (FB) last November. At the time, Facebook’s CEO and founder, Mark Zuckerbrrg, said: “The metaverse is the next frontier in connecting […]
Peloton’s Backpedaling Continues
Shares of Peloton (PTON) hit another fresh 52-week low, with the company’s latest news revealing it would be temporarily halting production of its fitness products. The once-darling of Wall Street has seen its stock price fall from an all-time high of $166.57 to the mid-$20’s, for a decline of 86%. Internal documents from earlier this […]
