ADVERTISEMENT

ADVERTISEMENT

Business

What Cramer sees on Monday – drastic cuts, stockpiling of chips, shrinking financials

ADVERTISEMENT

Written by admin

ADVERTISEMENT

ADVERTISEMENT

CEO of Snap Inc. Evan Spiegel walks into the morning session at the Allen & Company Sun Valley Conference on July 7, 2021 in Sun Valley, Idaho.

Kevin Ditch | Getty Images

What I’m looking at July 25, 2022

Still downgrading Snap (SNAP), this time by Wolfe Research and Morgan Stanley. How could they be so wrong? Winner takes all and losers get nothing compared to Google’s Club Holdings Alphabet’s (GOOGL) metaplatforms (META) and Facebook’s parent metaplatforms? SNAP fell 2% in premarket trading after falling 39% on Friday.

Barclays Semiconductors Share Target Reset: Nvidia Owning Club (NVDA) to $200/share from $295; Skyworks Solutions (SWKS) to $122 from $125; Marvell Technology Club Holding (MRVL) to $60 from $80. Qorvo (QRVO) to $120 from $135. This is what it takes to progress.

  • Barclays refrains from buying (equal weight due to overweight) on Lam Research (LRCX), saying it’s too early to buy the dip. Substantial says a reset is needed, cuts price target to $450 per share from $625. I don’t know, do you really want to do this before the eventual success of CHIPS on Capitol Hill? Barclays cuts PT on KLA Corporation (KLAC) to $325 from $365.

#Cramer #sees #Monday #drastic #cuts #stockpiling #chips #shrinking #financials

ADVERTISEMENT

ADVERTISEMENT

About the author

admin

Leave a Comment