Will Chinese "overproduction" of semiconductor chips swamp the market?Wednesday is turning into a bad day to own semiconductor stocks -- and China is the reason. Late last night, the South China Morning Post reported that semiconductor chip output in the Middle Kingdom surged 40% in the first quarter -- more than twice as fast as total global semiconductor sales, according to data from the Semi global semiconductor manufacturers association. Shares of leading chipmaker Advanced Micro Devices (AMD -4.66%) ar ...

Monty Rakusen Investment action Based on my current outlook and analysis of Applied Materials (NASDAQ:AMAT), I recommend a buy rating. I believe the worst of this semi-down cycle is over, and AMAT’s growth should see acceleration ahead in the next industry growth cycle. There are also strong growth catalysts that should further support growth acceleration, like HBM and GAA technology inflection. Basic Information AMAT is a big player in the semiconductor industry with more than 55 years of operating his ...

Earnings season is always an exciting time for investors, with companies finally revealing what’s transpired behind closed doors.As usual, the big banks shifted the cycle into a much higher gear, with many other companies scheduled to follow suit.And concerning looming surprises, NVIDIA (NVDA) , Coinbase (COIN) , and Applied Materials (AMAT) could all bring positivity, with each boasting a positive Earnings ESP Score.   But how do expectations stack up heading into the releases? Let’s take a closer look.NVI ...

Investors might want to bet on Applied Materials (AMAT) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual i ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 16th:Naspers (NPSNY) : This multinational media group with its principal operations in pay television and Internet subscriber platforms, print media, book publishing, private education and technology markets, has a Zacks Rank #1(Strong Buy), and witnessed the Zacks Consensus Estimate for its current year earnings increasing 4.2% over the last 60 days.Naspers’ shares gained 11.6% over the last three ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Tactile Systems Technology (TCMD) : This medical technology company which develops medical devices for the treatment of chronic diseases at home, has seen the Zacks Consensus Estimate for its current year earnings increasing 33.3% over the last 60 days.Quad Graphics (QUAD) : This company which is a provider of print and related multichannel solutions for consumer magazines, special interest publications, catalogs, retail inserts and cir ...

The March CPI report left investors with a sour taste. The index soared for the third consecutive month, with a 3.50% year-over-year (YOY) increase that surpassed analyst expectations and represented a 30 basis point increase from last month. Hence, with the stickiness of inflation, the importance of inflation-proof stocks increases.Furthermore, with inflation persisting, investors are recalibrating their expectations for interest rate cuts starting in June. Hence, with the prospect of rate cuts pushed furt ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Applied Materials (AMAT) .Applied Materials currently has an aver ...

The emergence of artificial intelligence stands as a force ready to transform several prominent industries. Investors looking to seize a rare chance to capitalize on these gains have aimed their efforts at leading semiconductor stocks to quadruple their money. Such a move clearly makes sense. Demand for high-powered AI chips powering self-driving cars and medical diagnosis continues to soar. This growth isn’t hype — 2024 forecasts unprecedented market expansion. AI demands advanced chip structures for data ...