SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 316.33+1.3%Dec 10 4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: The Ox who wrote (77234)9/28/2017 7:28:20 PM
From: Donald Wennerstrom2 Recommendations

Recommended By
Sam
The Ox

   of 95546
 
I think what we are discussing today has no real answers in fundamental terms. It is what it is. It probably is part of the reason technicians pay little or no attention to fundamentals of any stock.

Lets take an example of CFRA analysis of NVDA and MU at the moment.

First NVDA

Our 12-month target price of $160 is based on 31.3X our FY 19 operating EPS estimate, above semiconductor peers to reflect our view of superior growth.

Then MU
Our 12-month target price of $37 is based on our P/E analysis. We apply a P/E of 6.2X to our FY 19 operating EPS estimate, which is well below other semiconductor companies; warranted, we think, to reflect our view of high earnings volatility and business risk.

NVDA has superior growth and MU has high earnings volatility and business risk. One justifies a 31.3 PE to the 2019 earnings estimate, and the other justifies a 6.2 PE to the 2019 earnings estimate.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News