Ticker delayed 20 minutes
Avg Daily Volume: 33,257,963 Market Cap: 231.7B
Sector: Technology Short Interest: 1.11
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 1.28/share REV: 18,70/M
___________________________________________________________
LAST QTR: EPS: 1.25/share ACTUAL: 1.52/share (BEAT)
____________________________________________________________
NEXT QTR: EPS: 1.19/share REV: 17,970/M
______________________________________________________
FULL YR: EPS: 4.83/share REV: 22,440/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: 75% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 9.42, 8.38, 2.53
EXPECTED JUMP MOVE: 8-10%
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Big Tech earnings are on deck next week as Microsoft (MSFT), Meta Platforms (META), Apple (AAPL), and Amazon (AMZN) are scheduled to report their second quarter results. Jobs data for July are due out on Friday, August 2, making for a busy week for the US economy as Federal Reserve officials meet for their July FOMC meeting. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Intel (INTC) has underperformed its peers in the chip-making world in recent months and years. Down 37.7% since the beginning of the year and 32% over five years, the stock’s valuation is starting to become rather attractive based on projected growth in Client Computing Group (CCG) and Data Center and AI Group (DCAI). I’m bullish on Intel, with the firm trading at 30.3x non-GAAP forward earnings and a price-to-earnings-to-growth (PEG) ratio of 0.6x (1.0x or less is generally seen as undervalued)
The chip maker’s artificial-intelligence chip market is lackluster, says Bernstein analyst Stacy Rasgon
These companies have more dominant roles in tech and are trading at a better value than AMD.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how processors and graphics chips stocks fared in Q1, starting with Allegro MicroSystems (NASDAQ:ALGM).
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.