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Technology Stocks : Semi Equipment Analysis
SOXX 268.10-4.8%Nov 20 4:00 PM EST

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Donald Wennerstrom
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To: Return to Sender who wrote (82753)3/7/2019 8:45:52 PM
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2 Chip Stock Flashing Reliable Buy Signals
Chip stocks are lower across the board today

by Patrick Martin
LRCX | stm
Published on Mar 7, 2019 at 12:07 PM


Several chip stocks are lower today, after Japan-based Renesas Electronics issued partial production cuts to counter slowing Chinese demand. Two such names in the red today are STMicroelectronics NV (NYSE:STM) and Lam Research Corporation (NASDAQ:LRCX). However, if history is any guide, both semiconductor stocks could be headed for a quick bounce.

continues at schaeffersresearch.com
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