Buy Ichor Systems (NSDQ: ICHR)Ichor is riding the wave of huge spending by chip companies on 3D NAND equipment. Ichor’s biggest customers, Lam Research and Applied Material, are estimated to sell roughly 20% more equipment in 2017 even after a record 2016. Demand for equipment using Ichor’s gas and liquid… Read More
Analyst Articles
Lots of investors were betting against Dexcom, and they all got a nasty Friday the 13th surprise when the stock surged 26% last week. On Friday Dexcom (NSDQ: DXCM) reported reimbursement approval for its glucose monitoring device from the Center for Medicare and Medicaid Services for use of the company’s… Read More
Apogee Enterprises (NSDQ: APOG) is up 36% since our purchase last March. We are taking the gain, especially considering the messy trading in other building material companies that have noted a slow down from small customers.We still love Apogee’s unique position to benefit from building booms but think it’s wise… Read More
Tails are wagging at VCA Antech, the animal hospital operator that was just acquired by privately held food conglomerate Mars. VCA’s stock, whose adorable ticker is WOOF, was bought for almost $91 per share Monday morning. The purchase threw shareholders a 28% bone overnight, and a one-year mouth watering gain… Read More
Acuity Brands (NYSE: AYI) missed first quarter (ending November) estimates by 8% on in a report issued Jan. 9. I think the 15% drop in the stock is overdone but emblematic of investors’ fears regarding a slowdown in U.S. building. Management noted a marked drop in orders from small customers… Read More
Ambarella (NSDQ: AMBA) stock price weakened slightly due to rumors that sales of GoPro wearable cameras were weak this holiday season. Ambarella management had already warned that sales of camera chips to GoPro would be light this quarter. The company’s growth is more reliant on sales to drone maker DJI… Read More
Sell to close the January 20, 2017 call on NVS with a strike price of $72.50 at $2.10 or higher for a 75% gain in 14 trading days. Symbol (NVS170120C72.5)Novartis has steadily marched higher as investors rotate into drug stocks. Although the stock will likely move higher these call expire… Read More
Buy to open the February 17, 2017 put on Caterpillar Inc.(NYSE: CAT) with a strike price of $92.50 at $3.70 or lower. Symbol (CAT170217P92.5)Caterpillar stock is up 11% since the presidential election based on hopes for big infrastructure spending. Although new dollars may be allocated to building projects, it is… Read More
Carbonite (NSDQ: CARB) is a leading provider of cloud and backup services for consumers and is making big strides in the small to mid-size business markets (SMB). The company’s acquisition of EVault from Seagate Technology last winter was met with skepticism. Yet recent results showcase stronger than expected profitability for this… Read More
Brunswick (NYSE: BC) was initiated with a buy rating by brokerage firm CL King. The firm’s price target is $65, slightly lower than my $67 target. We won’t get any updates from the company until its fourth quarter earnings release in late January. Winnebago Industries, who is a supplier of RV’s… Read More