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It’s Still Good News for Micron Technology, Inc.

2017-12-13 investorplace
Micron Technology, Inc. (NASDAQ:MU) has had a tough couple of weeks. The MU stock price almost touched $50 for the first time in 17 years, reaching $49.89 on November 22. Seven trading sessions later, MU stock closed below $40. All told, MU dropped 20% — even though Micron Technology news was minimal, at best. (853-5)

Buy Biotech ETF IBB And Trim Semiconductor Stocks

2017-12-06 seekingalpha
The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has been in and out of bear market territory, defined as a drop of 20% or more from its peak, since September 2015 when then-Presidential candidate Hillary Clinton sent out a tweet about "outrageous" price gouging by Martin Shkreli, former-CEO of Turing Pharmaceuticals. In fact, IBB was in a deep bear market for almost the entirety of 2016 because the hot issue of high prescription drug prices was an attention-getting campaign topic. (154-1)

The Zacks Analyst Blog Highlights: Technology Select Sector SPDR, Advanced Micro Devices, NVIDIA, Micron Technology and iShares PHLX Semiconductor

2017-12-06 zacks
Chicago, IL – December 6, 2017 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Technology Select Sector SPDR ETF (XLK - Free Report) , Advanced Micro Devices (AMD - Free Report) , NVIDIA Corp. (NVDA - Free Report) , Micron Technology, Inc. (900-0)

Is the Super Cycle for Semiconductor Stocks Nearing Its End?

2017-12-06 zacks
The marvelous run of the semiconductor stocks that started in the second half of 2016 seems to be fading with one bad news after another. The industry, which is still reeling under the effect of Morgan Stanley’s Nov 27 report on NAND prices, received a new blow last Friday in the form of a corporate tax rate cut, which, analysts believe will hurt the entire technology sector. The House and Senate, on Dec 1, approved the government’s proposal of cutting the corporate tax rate to 20% from the current 35%. (863-0)

How Cheap Does Intel Corporation Stock Need to Get Before It's Attractive? | InvestorPlace

2017-12-04 investorplace
After rough start to the year, Intel Corporation (NASDAQ:INTC) shares have finally got their groove back. Currently sitting just slightly below multi-year highs, and INTC stock now shows a not-too-shabby 22.7% YTD gain. In any other year, a 20%-plus gain would be considered spectacular. But right now it appears pretty pedestrian. (191-0)

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