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Tag: Advanced Micro-Devices

  • Three Best Semiconductor Stocks to Investment in the long-term

    Three Best Semiconductor Stocks to Investment in the long-term

    The semiconductor stocks are bullish as we see the digital world move one step ahead.

    The semiconductor market is going to get bigger in the next few years. During the pandemic, the semiconductor stocks performed extremely well last year. Consumer electronics sales are increasing and trends such as cloud computing and e-gaming have created massive opportunities for semiconductors and their equipment market.

    Analysts believe that due to the rising bullish trends in the semiconductor sector, the stocks will have another high year in 2021. Moreover, the growth and infrastructural development of the 5G system will pave way for cloud services.

    So, let’s have a look at the three best semiconductor stocks for long-term investment.

    Advanced Micro Devices (AMD)

    Advanced Micro Devices (AMD) is one of the most decorated and well-positioned semiconductor firms in the market. AMD has staged an amazing turnaround over the past five years, powered by new products and improved profitability.

    With the booming demand for semiconductors, AMD has been at the forefront of this profitable market. In Q4 2020, the company reported better-than-expected results surpassing Wall Street estimates. For the three months ended in Dec. 2020, AMD recorded sales of $3.24 billion, compared to estimates sales of $3.02 billion. While on the yearly basis, the sales were up by 53%. The massive spike in sales was driven by the strong demand for PC, gaming, and data center products.

    The company announced the portfolio of AMD Ryzen 5000 Series Mobile Processors. Whereas, on Oct. 8, AMD launched its next-generation Ryzen processors for desktop computers. The company describes its Ryzen 5000 series CPU as the “fastest gaming CPUs in the world.”

    Heading forward, the company expects its revenue of around $3.2 billion for the current, which would be 79% higher than last year. On the other side, Wall Street anticipates AMD to record sales of $2.73 billion.

    QUALCOMM (QCOM)

    QUALCOMM (QCOM) is another prominent stock in the semiconductor market with much potential in the long-term. The company continues to lead the way as 5G networks blanket cities far faster than expected. For most of 2020, QCOM was on the bullish side.

    In the recent Q1 2021 outcomes, the semiconductor firm produced mixed results. The company reported earnings of $2.17 per share compared to an estimated $2.10. While it lagged the revenues estimates by a little margin, with net revenue of around $8.23 billion. The overall sales grew 63% year-over-year while earnings soared over 119%.

    The news that may be hunting QCOM investors is the partnership deal of the company with Apple. There have been reports that the iPhone maker could cut out Qualcomm and make its own iPhone modem chips.

    NXP Semiconductors (NXPI)

    The semiconductor manufacturer, NXP Semiconductors (NXPI) produces high-performance, mixed-signal chips for the auto, mobile payment, and other end markets. The company is well-positioned to benefit from the market share in both the mobile payment and auto markets in 2021.

    NXP will be a bigger part of the electric and autonomous vehicle technology and would also bring long-term investing opportunities. In the recent quarterly update, the company reported better-than-expected Q4 2020 results. The earnings per share were $2.68, surpassing the Zacks Consensus Estimate of $2.11. This represents an 11.2% jump from the last year and 57.6% sequentially. While the net sales were $2.51 million, 1.7% higher than the estimates.

    As we head forward, analyst Angelo Zino anticipates NPX’s revenue growth of 12% and EPS growth of 30.9% during 2021. So, NXP Semiconductors (NXPI) is one of the long-term options for investors.

  • Top Performers Markets Awaits News from Congress and the Federal Reserve

    Top Performers Markets Awaits News from Congress and the Federal Reserve

    The markets are in uncertain territory this morning as they await direction on the stimulus package from Congress and monetary policy direction from the Fed. On the bailout issue, the markets will be looking for a hint on a compromise between Democrats and Republicans.

    One key event that is heavily watched is a hearing between the CEOs of major tech companies and the House Judiciary Committee.  As for the  Federal Reserve, the market is looking forward to Jerome Powell’s press conference that will happen in the early afternoon at 2:30 p.m. Eastern Time. The market is likely to remain undecided until these two events happen. Nonetheless, there are stocks that are already in the green in pre-market trading. Some of the biggest gainers are as below:

    L-Brands Inc [NYSE:LB]

    L-Brands is one of the top gainers in pre-market trading and is up 18.14%. This follows the company’s announcement that it was cutting costs to the tune of $400 million. The company stated that it was spinning off the struggling Victoria’s Secret business from the well-performing Bath & Body Works business. The company added that it would cut costs through a plan aimed at increasing the profits of Victoria’s Secret. The company also aims to achieve this by decentralizing and better streamlining corporate functions. From its plans, the company expects to cut about $175 million in 2020.  The company CEO added that they had made massive progress on this front in Q2.

    FireEye Inc [NASDAQ:FEYE]

    This is another top performer pre-market and is up 14%.  This came after the company released better than expected Q2 results. The company announced that revenue in Q2 stood at $230 million representing an increase of $15 million compared to the guidance it had offered earlier.

    The company added that it had a year-over-year increase of 30% driven by its cloud services and managed services. The CEO stated that they were happy to record the 9th quarter of growing revenues in the company’s subscription services. The CEO also added that Q2 was the 3rd quarter that the company had recorded services revenue growth by over $50 million. The company also added that its intelligence threats business grew by 27%.

    Advanced Micro-Devices Inc [NASDAQ:AMD]

    Advanced Micro-Devices is gaining pre-market and is up by 11% at the time of writing. This comes after the company released Q2 results that beat analyst expectations. The company has reported that in Q2, revenues grew by 26% hit $1.93 billion compared to a year earlier. The company has attributed its growth to strong demand for chips by PC makers and data centers. As the news filters into the market, this stock could be a top performer in the day.