|Bid||19.00 x 34100|
|Ask||19.50 x 3000|
|Day's range||19.08 - 19.59|
|52-week range||17.60 - 27.10|
|PE ratio (TTM)||8.99|
|Earnings date||5 Nov 2018 - 9 Nov 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||27.34|
DSW, L Brands, Vishay Intertechnology, Cypress Semiconductor and ON Semiconductor highlighted as Zacks Bull and Bear of the Day
Semiconductor stocks have been struggling to generate positive momentum recently, but niche chipmakers focused on the Internet of Things still have growth potential. With that said, we've found three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon!
Zacks.com highlights: ON Semiconductor, Potlatch, Ideal Power, PulteGroup and Alpha & Omega Semiconductor
TE Connectivity (TEL) decides to sell SubCom business to Cerberus Capital in a bid to focus more on gaining industrial leadership.
Zacks.com highlights: Huntsman, Covenant Transportation Group, ON Semiconductor, Rayonier Advanced Materials and Aflac
Bluetooth Certified and EEMBC® ULPMark™ validated, the 6 x 8 x 1.46 mm SiP features integrated antenna for accelerated design and market introduction
Despite the recent beating, the global semiconductor sales reached $39.5 billion in July, up 17.4% year over year, per the Semiconductor Industry Association.
Investment in stocks made on diligent value analysis is usually considered one of the best practices. In value investing, investors pick stocks that are cheap but fundamentally sound.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Cypress (CY) continues to perform well on the back of strength in its robust portfolio, auto and industrial markets, and high-performing wireless solutions business.
Alibaba's (BABA) cloud computing arm, Alibaba Cloud partners with ABU Sports Network to broaden its share in the sports broadcasting sphere with its cloud services.
Increasing demand for chip stocks amid lingering trade war concerns has been going in favor of the industry with global semiconductor sales registering its highest ever quarterly sales in the second quarter of 2018.