The leader in advanced driver-assistance systems contributes only a small part of the chipmaker's overall revenue for now, but sales are growing.
We are raising our fair value estimate, but shares of the narrow-moat firm look expensive.
With shares up 54% year-to-date, we recommend prospective investors seek a wider margin of safety.
We reiterate our view that shares look attractive at current levels for the wide-moat firm.
We don't expect a rebound in Apple's phone sales this year, and we think the stock's overvalued.
We recommend prospective investors steer clear of shares at current levels.
We're maintaining our $200 fair value estimate.
The market seems to be overestimating AMD's long-term prospects.
However, it remains central to our narrow moat rating.
We are maintaining our fair value estimate, and we think shares are fairly valued at current levels.
We think investors with a long-term horizon will find current levels compelling relative to our unchanged fair value estimate of $65 per share.
The GPU titan beat recently lowered expectations, but its full-year outlook calls for no growth.
We think Apple will resume mid-single-digit sales growth in fiscal 2020 despite the potential for continued weakness in China.
Near-term headwinds weighed on the chipmaker, but our long-term thesis is intact.
We remain positive on the firm's prospects and see an attractive margin of safety relative to our fair value estimate.
Shares of the narrow-moat firm are undervalued, but we believe Intel offers a superior opportunity.
New graphics processing unit, the RTX 2060, is well positioned for mainstream gamers.
The company showcased a bevy of promising initiatives, and patient investors may find current price levels attractive.
Despite menacing headwinds for iPhone in China, the firm still can better monetize its existing user base and we see Apple shares as undervalued.
We model fiscal 2019 to be down considerably, but we expect a solid recovery thereafter thanks to the proactive efforts of the key memory participants.
Longer term, we think Broadcom is part of the heavyweight class of chip leaders and boasts intangible assets.
Our fair value estimate remains unchanged for the narrow-moat firm.
Expectations of a more tepid holiday quarter have sent shares of the wide-moat firm lower, but we’d wait for a more attractive price before diving in.
Investors should find shares of the chip titan enticing after a record quarter.
We think customers will look past the nanometer headlines.
The smartphone titan is doubling down on its premium price strategy after raising the bar on price last year with the iPhone X.
We see attractive entry points for some wide-moat chipmakers.
Most major segments (aside from wireless) exhibited solid year-over-year growth, illustrating the company's breadth of offerings.
For the first time in years, the narrow-moat firm's revenue range fell below consensus estimates.
The iPhone X, 8 and 8 plus pushed average selling price up an impressive 20% in the quarter, but we think investors should wait for a more attractive entry point.
With the recent sell-off, we think Intel offers a compelling investment opportunity.
The deal to acquire CA Technologies doesn't have any clear synergies, but the premium Broadcom is paying is modest for a tech merger.
Switching costs are strong, but not necessarily getting stronger.
We're maintaining our fair value estimate and wide moat rating for the chip titan and view shares as undervalued.
We modestly increased our fair value estimate due to superior near-term expectations, but shares are materially overvalued.
An offer in the realm of our fair value estimate would represent a sufficient premium for current shareholders of no-moat Synaptics.
The narrow-moat firm is poised to capitalize on its leadership positions to drive future growth and potential accretive acquisitions.
The memory supplier is well-positioned, but we continue to view shares as significantly overvalued.
The narrow-moat GPU leader maintained its streak of estimate-beating results, but shares are absurdly priced.
The chip titan’s comprehensive product portfolio is delivering growth on every front despite a declining PC market.
The news that Apple may develop its own PC chips doesn't change our wide-moat rating on Intel, but it does reinforce our negative moat trend assessment.