Troy88 yes that part I agree, but I will point out that most current semicon takes into account future 2-3 years growth, which with current bottleneck (delaying the growth in earnings), makes it utterly expensive....
All in all though, yes next 20 years belongs to the STRONG and REPUTABLE Semicon/EV company but next 2-3 years will be bumpy due to overvalued industry that will struggle to live up to its earning.
Cree upgraded at Cowen on 5G, EV market positioning
Citing the company's positioning to serve the implementation of electric vehicle and 5G, Cowen upgrades Cree (NASDAQ:CREE) from Market Perform to Outperform and raises the price target from $90 to $150.
Analyst Karl Ackerman: "CREE's leading portfolio of next generation semiconductors positions the company well to capitalize on solving the bandwidth and cost challenges facing the implementation of 5G and electric vehicles. A robust order backlog secures the F24 model, and design-ins should catalyze growth."
Can u see my works is right.Over rm 40 for MPI.Do the bank speak first.Do other speak first.After I speak then there speak.Please give credit to the right one.
Posted by Michael Kwok > Jan 25, 2021 6:20 PM | Report Abuse X
U see my target to buy also right.My upgrade also supported by CIMB.Please read.
Posted by Michael Kwok > Jan 23, 2021 10:02 PM | Report Abuse X
I upgrade first.IR due to means industrial revolution 4.Bank usually slower and when up already then upgrade from majority of the bank.Pang 72,u to not notice I write I have so many TP reach.From normal stocks to to potential stocks.Not all on the FA side.Its also on the TA side. Michael Kwok 2980 posts Posted by Michael Kwok > Jan 22, 2021 6:02 PM | Report Abuse X
Putting upgrade to Rm 40 range.Still got meat.Buying price 29.50-rm 30.Increasing profit for 2 quarter,High demand in chips,Not consider overvalue due to IR.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Philan008
255 posts
Posted by Philan008 > 2021-02-25 10:30 | Report Abuse
Troy88 yes that part I agree, but I will point out that most current semicon takes into account future 2-3 years growth, which with current bottleneck (delaying the growth in earnings), makes it utterly expensive....
All in all though, yes next 20 years belongs to the STRONG and REPUTABLE Semicon/EV company but next 2-3 years will be bumpy due to overvalued industry that will struggle to live up to its earning.