Semiconductor trends are considered to be leading indicators of technology and broader electronics demand. In a wider sense, semiconductor and tech stocks are considered to be leading indicators for the markets in general. A strong rally in the tech sector has pushed many of these companies to new highs, but the Dow and S&P have only recently pulled back from all-time highs. Will this pullback continue?
The March 15 short interest data have been compared with the previous report. Short interest increased in most of these selected semiconductor stocks.
Intel Corp. (NASDAQ: INTC) saw its short interest increase to 91.83 million shares. The previous level was 89.46 million. Shares were last seen at $35.04, in a 52-week trading range of $29.50 to $38.45.
The number of Advanced Micro Devices Inc. (NASDAQ: AMD) shares short increased to 114.91 million from the previous level of 104.61 million shares. Shares recently traded at $13.33, in a 52-week range of $2.60 to $15.55. Note that like Intel and Micron, AMD is one of the most shorted Nasdaq stocks.
best stocks: American Financial Group, Inc.(AFG)
- [By Lee Jackson]
Aco-chief executive officer of American Financial Group Inc. (NYSE: AFG), Carl Linder, sold a total of 200,000 shares of the property and casualty insurance products provider at prices that ranged from $90.63 to $91.62. The total for the sale was set at $18 million. The shares closed Friday at $91.55, in a52-week range of $65.38 to $92.38. The consensus price target is $95.50.
best stocks: Visteon Corporation(VC)
- [By WWW.THESTREET.COM]
Visteon (VC) : “You need to let this one come down a little, then pull the trigger.”
American Tower (AMT) : “This is the best in the business and is worth owning, even if the chart looks terrible.”
best stocks: Cheniere Energy, Inc.(LNG)
- [By Craig Jones]
Pete Najarian noticed that somebody bought 17,000 contracts of the July 55 calls in Cheniere Energy, Inc.(NYSE: LNG) for $0.60. He followed the trade and he is planning to hold it until expiration. The trade breaks even at $55.60 or 9.90 percent higher.
- [By Brian Feroldi, Chuck Saletta, Tyler Crowe, Jason Hall, and Jordan Wathen]
With that in mind, we asked a team of Fools each to highlight a stock that a billionaire investor has been selling recently. Read on to see why they chose Cheniere Energy (NYSEMKT:LNG), Activision Blizzard (NASDAQ:ATVI), Suncor Energy (NYSE:SU), MGIC Investment Corporation (NYSE:MTG), and Extended Stay America (NYSE:STAY).
- [By Manikandan Raman]
Bays said the momentum would boost fortunes for projects like Cheniere Energy, Inc. (NYSE: LNG)’s Corpus Christi, Liquefied Natural Gas Ltd (ASX:LNG)’s Magnolia, and Tellurian Inc (NASDAQ: TELL)’s Driftwood LNG project, among others.
best stocks: CPI Aerostructures, Inc.(CVU)
- [By Lisa Levin]
Shares of CPI Aerostructures, Inc. (NYSE: CVU) got a boost, shooting up 25 percent to $7.10 after the company posted upbeat Q1 results.
Wayfair Inc (NYSE: W) shares were also up, gaining 25 percent to $63.71 after first-quarter earnings boasted a 2.7-percent sales beat and 46-percent year-over-year increase in active customers.
- [By Lisa Levin]
Shares of CPI Aerostructures, Inc. (NYSE: CVU) were down around 14 percent to $7.30 on downbeat quarterly results.
IDT Corporation (NYSE: IDT) was down, falling around 15 percent to $15.88 following Q2 results. IDT reported fiscal second-quarter earnings of $875,000.
best stocks: Papa Murphy's Holdings, Inc.(FRSH)
- [By Jim Robertson]
On Friday, our Under the Radar Moversnewsletter suggested shorting small cap Take ‘N’ Bake pizza chain stock Papa Murphy’s Holdings (NASDAQ: FRSH):
- [By Peter Graham]
The Q4 earnings report forsmall cap Take ‘N’ Bake pizza chain stock Papa Murphy’s Holdings (NASDAQ: FRSH) is scheduled for after the market closes on Wednesday (March 15th). In February, our Under the Radar Moversnewsletter suggested shorting the stock by saying:
best stocks: Credit Suisse Group(CS)
- [By Money Morning News Team]
That’s why Krauth predicts the price of gold will hit $1,400 by the end of the year. Many analysts from banks likeCredit SuisseGroup AG (NYSE ADR: CS) even see gold going as high as $1,500.
- [By Paul R. La Monica]
European banks worse off than 2008? Lamensdorf is concerned about the exposure to bad loans (especially energy company debt) held by big banks such as Royal Bank of Scotland (RBS), Credit Suisse (CS) and Deutsche Bank (DB). He’s shorting all three.
- [By Diane Alter]
The head underwriters for the ZTO IPO are Morgan Stanley (NYSE: MS) and Goldman Sachs Group Inc. (NYSE: GS). Also working on the deal are China Renaissance, Citigroup Inc. (NYSE: C), Credit Suisse Group AG (NYSE ADR: CS), and JPMorgan Chase & Co. (NYSE: JPM).
- [By David Zeiler]
The federal government’s largesse isn’t restricted to U.S.-based companies, either. Foreign companies, including foreign banks, are also welcome. Credit Suisse Group AG (NYSE ADR: CS) got $225.1 billion, and UBS Group AG (NYSE: UBS) got $249.1 billion.
- [By Wayne Duggan] Related DB Deutsche Bank In The Tank Mike Khouw Sees Unusual Options Activity In Deutsche Bank 33 Large Banks On The Federal Reserve's Radar In 2016 (Seeking Alpha) Related CS Earnings Scheduled For February 4, 2016 Blockchain Moves Forward In The Financial Industry Credit Suisse Group AG (CS) Tidjane Thiam on Q4 2015 Results – Earnings Call Transcript (Seeking Alpha)
The latest credit default swap (CDS) data from BMO Capital Markets indicate a number of investors are growing increasingly concerned about the one-year outlook for capital markets. In a new report, analyst Mark Steele discussed the recent surge in one-year CDS activity, and what it means for the market.