Technical analysis for shorts & longs Message Board

STOCKTALK

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.

Strategies & Market Trends : Technical analysis for shorts & longs

SPY 686.96

-0.1%

4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Johnny Canuck who wrote (52470)	6/23/2016 9:36:47 AM
From: E_K_S	Read Replies (1) of 69320

Started a position in Cypress Semiconductor Corporation (CY) thinking this is a sector ready to move higher. LRCX, KLAC and AMAT(are at/near all time highs). Since they supply the manufacturing and testing equipment, it's just a matter of time for the new equipment to be installed and producing the next generation processors, memory and specialized chips. CY recently acquired Spansion Inc. (CODE) for $5Bln that now makes them one of the largest developers/manufactures of auto sensors/processors. It's a niche market w/ ok margins at 38%. The merged company now has a product mix of 40 % processors and 60% memory. My new position is still small and the 4.32% dividend is one of the better ones available in this sector. EKS

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next