Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 303.84

+1.3%

Dec 22 4:00 PM EST

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To: Sam who wrote (67924)	3/18/2015 3:57:46 PM
From: The Ox	of 95622

While not specifically mentioned, I'll use AMAT for this example. With a roughly 18% eps growth rate and forward estimates for AMAT at $1.50, I can see why the stock may be slightly ahead of itself. A $26 price target seems about right and it's trading at $24. Many of the semi's appear a bit pricey based on these types of ratios but there's plenty of room for the estimates to increase, IMO. I would think that a year from now, that $1.50 will likely be higher and could even be higher by 25 cents or more. Hard to gauge based on what may happen with the company during the initial consolidation of the TEL merger. I think it's reasonable to be slightly cautious on the DRAM supply chain more so than the DRAM makers.

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