Tag: Buy

Earnings Estimates Moving Higher for Amkor Technology (AMKR): Time to Buy?

Investors might want to bet on Amkor Technology (AMKR), as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The upward trend in estimate revisions for this chip packaging and test services provider reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool — the Zacks Rank —

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Hercules Technology (HTGC) Expected to Beat Earnings Estimates: Should You Buy?

Wall Street expects a year-over-year decline in earnings on higher revenues when Hercules Technology (HTGC) reports results for the quarter ended June 2020. While this widely-known consensus outlook is important in gauging the company’s earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.

The earnings report, which is expected to be released on July 30, 2020, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower.

While management’s discussion of business conditions

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Worried About Big Tech Slump? Buy 6 Undervalued Tech ETFs

Technology stocks and ETFs have been star performers of this year. The coronavirus outbreak could not take the sheen out of this sector, rather added more to it. Social distancing norms enacted globally to mitigate the spread of the virus compelled people to stay at home, binge on online shopping and work as well as learn from home.

However, after such a steep rally amid the pandemic, big tech stocks are now deemed overvalued by some investors. Amazon AMZN, Netflix NFLX, Alphabet GOOGL and Microsoft MSFT all lost in recent trading sessions.

One reason behind this big tech slump could

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4 Large-Cap Technology Stocks to Buy This Earnings Season

Lockdown impositions across the world, in a bid to curb the spread of COVID-19, have been taking a toll on the economy. The pandemic has caused disruptions in major sectors and economic zones, resulting in a full-blown global crisis due to the slowdown in productions and operations, and sluggish spending patterns.

As a result, second-quarter corporate earnings are expected to have suffered significantly. According to the latest Zacks Earnings Preview article, total earnings for the S&P 500 members will likely be down 44.1% year over year on 10.9% lower revenues in the to-be-reported quarter.

Though the coronavirus outbreak has had

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Electronics Gain Steam Amid Coronavirus: 5 Stocks to Buy

Although the coronavirus (COVID-19) pandemic, which has been wreaking havoc on global trade, investments and supply chains, has severely affected most industries, the electronics industry has emerged as a deviant. In fact, the scenario seems to have favored the industry that has been gaining on increased demand for electronic goods and appliances fuelled by the coronavirus-induced lockdowns, quarantines, social distancing and shelter-in-place rules.

Electronics aids to efficiency and automation of almost any work, rendering it virtually ubiquitous in this day and age. Moreover, ongoingglobal digital wave has been driving growth for the electronic components and equipments providers.

Thereby, the industry

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