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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST
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To: Sam who wrote (81317)10/4/2018 11:31:05 PM
From: Sam1 Recommendation

Recommended By
Donald Wennerstrom

   of 95530
 
Aaaannnnd as usual--

The results could alleviate pessimism over demand for memory chips, even though there’s remaining doubt whether customers will continue their buying next year. That’s weighing on the world’s biggest chipmaker, which is also struggling to boost its smartphone sales. Samsung shares have declined about 11 percent this year, compared with a 41 percent gain in 2017, when annual earnings rose to an all-time high.

“Operating profit seems to be at its peak now,” said Greg Roh, an analyst at Hyundai Motor Securities, said by phone. “Early next year might be the right time to buy Samsung before growth picks up again in the bottom half of next year.”

Sheesh, their profit has been peaking for the past two years!
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