With the news that Trump and Xi had come to a truce on Saturday, many investors were kicking themselves that they had not bought more exposure to the chip sector, consolation is in the fact that afterthe initial pop this morning, it has been a steady bleed lower. Todays close will give a very good indication of what is to happen the sector in the coming weeks. Earnings are they only remaining stimulus that can help rip this higher. No need to jump in here, just wait and see.
AVERAGE ANALYSTS PRICE TARGET $73.85
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 66
SHORT INTEREST
COMPANY PROFILE
Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.
AVERAGE ANALYSTS PRICE TARGET $73.85
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 66
SHORT INTEREST
COMPANY PROFILE
Qorvo, Inc. engages in the provision of core technologies and radio frequency solutions for mobile, infrastructure, and aerospace or defense applications. It operates through the following reportable segments: Mobile Products and Infrastructure & Defense Products. The Mobile Products segment supplies of RF solutions that perform various functions in the increasingly complex cellular radio front end section of smartphones and other cellular devices. The Infrastructure & Defense Products segment supplier of RF solutions that support diverse global applications, including ubiquitous high-speed network connectivity to the cloud, data center communications, rapid internet connectivity throughout the home and workplace, and upgraded military capabilities across the globe. Its products include amplifiers, control products, discrete transistors and integrated circuits, filters and duplexers, frequency converters, integrated modules, optical components, oscillators, passives and switches. The company was founded on December 13, 2013 and is headquartered in Greensboro, NC.