Chris Lau
All posts from Chris Lau
Chris Lau in Value Stocks,

Action list for Wednesday, December 7, 2016

1.Marvell at the spectacular run-up of Neovasc (NVCN), up 70% today. Realize you missed this one and that it is more likely to fall than to rise further. The Boston Scientific deal will add $65 million to the balance sheet

  • 2.Watch Advanced Micro Devices (AMD). It is $0.55 from my $10 share price target, although I thought AMD would not get to $10 until 2017. It’s ~3 weeks early. The news wire may have picked up my ‘AMD Zen 2017’ piece posted on seeking alpha
  • 3.Wonder if AMD licensing deal with Intel (INTC) is a pump or a true story. Makes little sense that NVDA would ask for more, forcing Intel to end licensing a year early for integrated GPUs
  • 4.Look for Apple to run to $110 again. Gravity is against the Apple. iPhone 7 is not great and the market is already talking about iPhone 8. That is hardly a vote of confidence. MBP refresh is nice but shows no true innovation

Buy wireless. You know you want it. You are worth it:

  • 5.DDR giant Micron Technologies will make a run for $20
  • 6.Novavax (NVAX) is not up like NVCN but a double-digit return is still good
  • 7.Exelixis (EXEL), a summer time pick, continues to move up an inch at a time.
  • 8.Teva (TEVA) and by extension of generics, Valeant Pharma (VRX), fell sharply after the global generics executive said he will retire. Tough times for generic drug makers.
  • 9.Join this group. Find value stocks with other members.

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