FeedPosted Oct 26th 2009 2:00PM by Steven Halpern (RSS feed)
Filed under: Newsletters, Broadcom Corp'A' (BRCM), Stocks to Buy
Options expert and stock trader Bernie Schaeffer combines fundamental, technical and sentiment-based metrics to select his specific trades.
In his latest The Options Advisor, he looks at a trio of diverse trades: wireless semiconductor play, Broadcom (NASDAQ: BRCM); homebuilder, Ryland Group (NYSE: RYL); and miner, Southern Copper (NYSE: PCU).
"Broadcom has rocketed up the charts in 2009, racking up a year-to-date gain of about 74%. The stock has stair-stepped consistently higher since January, capitalizing on support at its 10-week and 20-week moving averages.
"BRCM's relentless upward momentum has forced many short sellers out of their bearish positions, as short interest on the equity dropped by nearly 20% during the past month.
Continue reading Bernie's bets: A trio of trades from Schaeffer
Posted Oct 26th 2009 9:30AM by Jim Cramer (RSS feed)
Filed under: Apple Inc (AAPL), Market matters, Broadcom Corp'A' (BRCM), Marvell Technology Group (MRVL), Stocks to Buy, Cramer on BloggingStocks
The Street.com's Jim Cramer says that after a tough week, the semiconductor industry finally gets some good news. Will
Marvell Technology (NASDAQ:
MRVL) (
Cramer's Take) give what
TriQuint (NASDAQ:
TQNT) (
Cramer's Take) and
Broadcom (NASDAQ:
BRCM) (
Cramer's Take) took away?
Last week, we had the one-two punch of TriQuint and Broadcom really making the whole Internet tsunami look more like a tropical storm. They both talked about withering demand, and Broadcom verified the bears' double-order thesis, but this morning Marvell says that things are on target, there's no wavering and demand is strong. Bears can take their pick.
Continue reading Cramer on BloggingStocks: Marvell could be a boon for the semis
Posted Oct 24th 2009 2:20PM by Trey Thoelcke (RSS feed)
Filed under: Earnings reports, Apple Inc (AAPL), Amazon.com (AMZN), McDonald's (MCD), 3M Corporation (MMM), Caterpillar (CAT), New York Times'A' (NYT), Bank of New York (BK), Hershey Co (HSY), Gannett Co (GCI), Morgan Stanley (MS), Kimberly-Clark (KMB), United Parcel'B' (UPS), Lockheed Martin (LMT), Broadcom Corp'A' (BRCM), SLM Corp (SLM)
Continue reading Earnings highlights: Amazon, Apple, Caterpillar, Hershey, McDonald's, UPS ...
Posted Oct 23rd 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: Microsoft (MSFT), Amazon.com (AMZN), Broadcom Corp'A' (BRCM)

This was the day that could have been. Earnings were coming out favorably, yet the data just couldn't support the stocks. There were also trader comments that BofA/Merrill had large sell orders or sell programs throughout the day. It looks like the DJIA even closed out under the 10,000 mark on an unofficial basis.
Here were today's unofficial closing bell levels:
Dow 9,974.75 -106.56 (-1.06%)
S&P 500 1,079.73 -13.18 (-1.21%)
Nasdaq 2,154.47 -10.82 (-0.50%)
Top 10 Analyst CallsTop Day Traders StocksTop Stock/Market RumorsContinue reading Closing Bell: Losing the DJIA 10K (AMZN, BIIB, BRCM, COF, DOLE, MSFT, SPWRA)
Posted Oct 8th 2009 12:20PM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, eBay (EBAY), Adobe Systems (ADBE), AutoZone Inc (AZO), Clorox Co (CLX), Goldman Sachs Group (GS), Monster Worldwide (MNST), Analyst initiations, Broadcom Corp'A' (BRCM), Wells Fargo (WFC), Northrop Grumman (NOC)
Analyst upgrades:
- Deutsche Bank upgraded Clorox (NYSE: CLX) to Buy from Hold on valuation and believes upside to earnings forecasts is likely. The firm raised its target on shares to $66 from $65.
- Kaufman Bros. upgraded eBay (NASDAQ: EBAY) to Buy from Hold on expectations improved Marketplace fundamentals will serve as a positive catalyst for shares. The firm raised its price target on the stock to $29 from $22.
- Roth Capital believes Zumiez (NASDAQ: ZUMZ) is well positioned for improved results and margins. The firm, which upgraded shares to Buy from Hold and raised its target to $22 from $16, said September back-to-school results bode well for the holiday season and demonstrate that Zumiez can drive conversion during peak shopping periods.
- Northrop Grumman (NYSE: NOC) was upgraded to Sell from Conviction Sell at Goldman.
- Adobe (NASDAQ: ADBE) was upgraded to Outperform from Neutral at Baird.
- Monster Worldwide (NYSE: MWW) was upgraded to Overweight from Neutral at JPMorgan.
Continue reading Analyst upgrades, downgrades and initiations: ADBE, AZO, EBAY, GS, NOC, WFC ...
Posted Sep 9th 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Apple Inc (AAPL), General Electric (GE), Wal-Mart (WMT), PepsiCo (PEP), Intel (INTC), Market matters, 3M Corporation (MMM), Caterpillar (CAT), Citigroup Inc. (C), Bank of America (BAC), Costco Wholesale (COST), FedEx Corp (FDX), Research in Motion (RIMM), Procter and Gamble (PG), Lennar Corp'A' (LEN), Toll Brothers (TOL), QUALCOMM Inc (QCOM), Palm Inc (PALM), Cypress Semiconductor (CY), Broadcom Corp'A' (BRCM), United Technologies (UTX), Wells Fargo (WFC), salesforce.com inc (CRM), Union Pacific Corporation (UNP), Cramer on BloggingStocks, Marvel Entertainment (MVL)
TheStreet.com's Jim Cramer says the action that is linked to the futures markets, such as oil, is distorting rational analysis. Maybe one day we can escape the commodity linkage and begin to trade on the fundamentals again, something that seems more distant now than any time I can recall. We are totally marching to gold, to oil, to copper, and not the fundamentals.
Throughout the era in which China has become a superpower and hedge funds have become the super arbiters or what goes up or down, we have been stuck with this fairly bogus linkage that corrupts trading and makes a mockery out of some of the most important financial analysis out there, the actual attempts to discover what's really happening at companies.
Continue reading Cramer on BloggingStocks: Fundamental distortion
Posted Jun 30th 2009 4:00PM by Jon Ogg (RSS feed)
Filed under: After the bell, General Electric (GE), Market matters, Broadcom Corp'A' (BRCM)

This morning's trading was looking solid enough and had enough overseas support with gains in Europe that it seemed as though we were going to have a rock solid end to one of the best performing quarters in years.
The Russell trade and the quarter-end failed to help. A
quiet ISM-prelude from Chicago Purchasing Managers was one thing, but a weak consumer confidence took the wind out of the sails of the bulls. The good news is that shares managed to close off their lows, but it still wasn't an up day. Here were today's unofficial closing bell levels:
Dow 8,448.06 -81.32 (-0.95%)
S&P 500 919.47 -7.76 (-0.84%)
Nasdaq 1,835.04 -9.02 (-0.49%)
Top Analyst UpgradesTop Analyst DowngradesContinue reading Closing Bell: The great day that could have been... (APOL, BRCM, ELX, GE, GERN, VICL)
Posted Apr 27th 2009 2:00PM by Brent Archer (RSS feed)
Filed under: Major movement, Earnings reports, Deals, Good news, Law, QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Options, Technical Analysis
Qualcomm (NASDAQ:
QCOM -
option chain) shares are rising today despite a
weak earnings report this morning after the company agreed to pay
$891 million to
Broadcom (NASDAQ:
BRCM) to dismiss all pending lawsuits between the two companies. The $891 settlement was not as high as the figure some analysts had feared QCOM would have had to pay BRCM. Plus, this dispute has been raging for quite some time with no end in sight, so a cessation of hostilities should be good for both companies. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on QCOM.
QCOM opened this morning at $42.35. So far today the stock has hit a low of $42.30 and a high of $44.59. As of 11:40, QCOM is trading at $43.78, up $2.42 (5.8%). The chart for QCOM looks bearish and
S&P gives QCOM a negative 2 STARS (out of 5) sell ranking.
Continue reading Is the Qualcomm-Broadcom dispute finally settled?
Posted Apr 23rd 2009 10:40AM by Jim Cramer (RSS feed)
Filed under: Google (GOOG), Yahoo! (YHOO), Apple Inc (AAPL), eBay (EBAY), Intel (INTC), Market matters, International Business Machines (IBM), Nokia Corp. (NOK), Best Buy (BBY), Corning Inc (GLW), Sun Microsystems (JAVA), Oracle Corp (ORCL), QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM), Cramer on BloggingStocks
Continue reading Cramer on BloggingStocks: It's go with the flow on tech stocks
Posted Apr 23rd 2009 10:20AM by Eric Buscemi (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Apple Inc (AAPL), International Business Machines (IBM), Morgan Stanley (MS), BP p.l.c. ADS (BP), QUALCOMM Inc (QCOM), Analyst initiations, Broadcom Corp'A' (BRCM), Teva Pharm Indus ADR (TEVA)
Analyst upgrades:
- Jefferies upgraded Brocade (NASDAQ: BRCD) to Buy from Hold on expectations expanding OEM partnerships, new products and entry into new markets will drive long-term growth. The firm's channel checks indicate the first phase of an IBM (NYSE: IBM) deal for ethernet products will be announced next week. Jefferies raised its target price on the stock to $6 from $3.50.
- JMP Securities upgraded Broadcom (NASDAQ: BRCM) to Market Perform from Underperform citing the potential settlement with Qualcomm (NASDAQ: QCOM). The firm said Broadcom has far more to gain than Qualcomm has to lose.
- Citigroup upgraded Air Products (NYSE: APD) and Praxair (NYSE: PX) to Buy from Hold on expectations that an improvement in customer operating rates will benefit gas companies. The firm raised its target price on Air Products to $70 from $55 and on Praxair to $79 from $63.
- Royal Bank of Scotland upgraded BP Plc (NYSE: BP) to Buy from Hold to reflect its dividend yield at current levels.
- Apple (NASDAQ: AAPL) was raised to Outperform from Underperform at RBC Capital.
- T. Rowe Price (NYSE: TROW) was upgraded at Sandler O'Neill to Hold from Sell.
- Morgan Stanley (NYSE: MS) was lifted to Neutral from Underperform at Banc of America/Merrill.
Continue reading Analyst upgrades, downgrades and initiations: QCOM, AAPL, IBM, BP, MS, VMW, TVA ...
Posted Apr 22nd 2009 1:20PM by Laurie Pasternack (RSS feed)
Filed under: Analyst reports, Analyst upgrades and downgrades, Ford Motor (F), General Motors (GM), Caterpillar (CAT), Colgate-Palmolive (CL), Dean Foods (DF), US Airways Group (LCC), Lockheed Martin (LMT), Analyst initiations, Broadcom Corp'A' (BRCM), Gilead Sciences (GILD), Andersons Inc (ANDE)
Analyst upgrades:
- Merriman upgraded Dendreon (NASDAQ: DNDN) to Buy from Neutral on expectations shares will react positively to the full IMPACT data release on April 28. The firm thinks Provenge could represent the first cancer immunotherapy approved in the U.S. and raised its valuation range on the stock to $33-$34 from $18-$19.
- Piper Jaffray upgraded Andersons (NASDAQ: ANDE) as it believes the valuation is attractive, investor expectations are low, and the company's fertilizer and rail segments could recovery in FY10. The firm has a $19 target on shares. Goldman upgraded the auto sector to Neutral from Cautious and added Ford (NYSE: F) to its Conviction Buy list. The analyst does not believe Ford will have to declare bankruptcy and sees the company benefiting from Chrysler share declines and GM's (NYSE: GM) reduced product offerings. Ford's price target is $6
- Banc of America/Merrill upgraded U.S. Airways (NYSE: LCC) to Buy from Underperform.
- Broadcom (NASDAQ: BRCM) was upgraded to Equal Weight from Underweight at Morgan Stanley.
- Caterpillar (NYSE: CAT) was raised to Overweight from Neutral at JP Morgan.
Continue reading Analyst upgrades, downgrades and initiations: DNDN, ANDE, the auto sector, DGX, MTB, ADVS, ITG, MF and PCLN
Posted Apr 21st 2009 10:00AM by Jim Cramer (RSS feed)
Filed under: Market matters, International Business Machines (IBM), Bank of America (BAC), Sun Microsystems (JAVA), Oracle Corp (ORCL), Texas Instruments (TXN), Broadcom Corp'A' (BRCM), Wells Fargo (WFC), Cramer on BloggingStocks
TheStreet.com's Jim Cramer says the good developments in the space got lost yesterday amid all the hubbub over banks. We are so focused on the endless one-time gains at
Bank of America (NYSE:
BAC) (
Cramer's Take) that made the quarter look better than it should that we forgot about some other obvious positives that were occurring right before our eyes. I am talking about tech, and tech mergers and tech earnings.
No, I am not minimizing the problems of the banks -- did anyone think that Ken Lewis would choose to show a loss if he had a chance, as the bears seemed to urge? I am saying that when you have both
Oracle (NASDAQ:
ORCL) (
Cramer's Take) and
IBM (NYSE:
IBM) (
Cramer's Take) interested in something that we thought was worth very little just a few weeks ago --
Sun Microsystems (NASDAQ:
JAVA) (
Cramer's Take) -- when you have
Broadcom (NASDAQ:
BRCM) (
Cramer's Take) interested in buying
Emulex (NYSE:
ELX) (
Cramer's Take) -- another left-for-dead tech company -- and when you have
Texas Instruments (NYSE:
TXN) (
Cramer's Take) saying inventories are lean, mostly because of Asian demand, you are not getting a picture of despair.
Continue reading Cramer on BloggingStocks: Don't miss this moment in tech
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