Spreadtrum Communications, Inc.
It was a year ago when I’d first said that Shanghai-based chipmaker Spreadtrum Communications (NASDAQ: SPRD) is a stock worth buying if investors are looking to gain from the enormous mobile opportunity in the emerging markets, especially China. Looking back, my recommendation has been vindicated as Spreadtrum shares have gained close to 20%. Going forward, I expect shares to rise further as consumers in the Middle Kingdom move to more »
Shares of Shanghai-based chipmaker Spreadtrum Communications (NASDAQ: SPRD) have gained close to 10% since the company reported earnings last week. Even though Spreadtrum posted a mixed fourth quarter, beating estimates on revenue but faltering on earnings, the stock has rallied on the back of a strong business outlook.
The company is witnessing an improvement in sales of smartphone chipsets, driven by a shift in consumer preference from feature more »
Earnings and earning-related news is the number one catalyst for stock movement. A strong quarter can dictate the direction of a stock for the following three months as can a bad quarter; in the past I have written in detail about such subjects, a domino effect following a strong or bad quarter. In this piece I am looking at the early performance of Tuesday’s top movers following earnings. Then more »
Shares of Spreadtrum Communications (NASDAQ: SPRD) crashed almost 9% after the company released mixed third-quarter results, and a dour outlook didn’t help either. I was expecting Spreadtrum to top estimates this quarter and provide further impetus to its stock price which has had an excellent run over the last six months. However, a spike in operating expenses hit the company hard, leading it to miss bottom line estimates.
Spreadtrum more »
Spreadtrum Communications (NASDAQ: SPRD), the China-based fabless semiconductor company has had a terrific run over the past six months, appreciating 40%. When I had first trained my eyes on this stock in May this year, it had successfully quashed negative sentiments around it with a strong quarterly report. Since then, Spreadtrum has been on a tearing run.
However, it had faltered badly on outlook when it reported its second quarter more »
Every financial blogger/analyst likes to go back and check how his recommendations have performed, and I’m no different. Once in a while, I take a look at my CAPS picks and evaluate the leaders and the laggards. However, there are times when I’m pleasantly surprised by the performance of a few stocks.
When I recently checked out my picks, I was amazed at how fabless semiconductor company more »
After marveling in the first quarter, I thought that Marvell Technology (NASDAQ: MRVL) was ready to fly. It had beaten estimates, sounded out a terrific outlook and its end markets were on a roll. Cut to the present, there’s uncertainty everywhere. Marvell missed estimates, and added to investors’ misery with a really glum outlook which sent the stock crashing.
What actually happened has been quite well-documented all over the more »
Spreadtrum Communications (NASDAQ: SPRD), the China-based semiconductor company that makes mobile chips, was blown to smithereens after its second quarter earnings report was accompanied by a glum outlook. Although Spreadtrum’s results in the just-concluded quarter were ahead of what analysts’ expected, it seems that the market didn’t take much note of that.
But, would it be a good idea to ignore a company that’s riding the mobile more »
Fabless semiconductor maker Spreadtrum Communications (NASDAQ: SPRD) edged ahead of the market’s top line expectations but beat handsomely the bottom line in the first quarter. The company sprung a 46% surprise on adjusted earnings per share and backed it up with a positive outlook, sending its shares up 15%.
Flying against the wind