AMAT as expected beats on both top & bottom line.
Based on analysis I have read quickly...the negative AH reaction is because of guiding seqentially lower on new orders down 10 to 15%...but overall sales to be flat in Q3.
AMAT is guiding sales +- 2%.....which is flat sequentially..... but EPS higher than expected in Q3 between 30 to 32 cents vs consensus of 30 cents .
I am hoping that analyst may have some positive spin tommorrow...otherwise AH is an indication for tommorrow trades.
I will decide based on analyst reaction wether to keep AMAT or SELL.
Nasdaq behaved very POORLY today.....while DOW was green again.
JASO ER impacted all solar stocks in negative manner.
I am going to sell every stocks once I have profit to lock.
My portfolio as of todays close is STP,NVDA,JNPR,SNDK,AMAT & PDN.TO.
Please do your own due diligence.
BLOG does not give buy or sell.
Good luck on your diversified trades.
Saleem
No comments:
Post a Comment