Tuesday, July 23, 2019

iRobot (IRBT) Reports 2Q'02019 Results

iRobot (IRBT) reported 2Q'02019 after the market closed on 23 July 02019. The company's press release started with the following paragraph.
"We delivered 15% revenue growth as a result of double-digit expansion in each major geographic region. We took steps to adjust spending during the quarter, which enabled us to deliver higher-than-expected operating income and EPS results. The successful launch of our new Roomba s9 vacuums and Braava jet m6 mops at the end of May represented an important milestone in our plans to strengthen Roomba leadership, extend the portfolio beyond vacuuming and advance our position in the Smart Home." 
I checked the stock after hours and it was down almost 20%.

The second paragraph of the press release started with:

"Although we achieved our U.S. revenue target in the second quarter, we believe that the direct and indirect impacts of the ongoing U.S.-China trade war and the recently implemented 25% tariffs are likely to constrain U.S. market segment growth in the second half of the year below our expectations at the start of 2019."
D'oh!

IRBT closed at $89.63 on 23 July 02019.

Thursday, July 18, 2019

Merge AT&T and IBM Into One Company

16 July 02019 headline: 
"AT&T and IBM Announce Multi-Year Strategic Alliance"

Hmm... Now I'm thinking about an AT&T/IBM merger.

AT&T and IBM market values on 16 July 02019.

   AT&T    $245.603B   
    IBM    $127.575B   (includes Red Hat) 
   =================
   ATTIBM  $373.178B   ($373,178,000,000)

Comparison market values on 16 July 02019.

   Microsoft   $1.056T     ($1,056,000,000,000)
   Amazon.com  $995.22B    ($  995,220,000,000)
   Apple       $946.787B   ($  946,787,000,000)
   Alphabet    $799.494B   ($  799,494,000,000)  [Google]
   Facebook    $582.573B   ($  582,573,000,000)  
   ATTIBM      $373.178B   ($  373,178,000,000)  [AT&T + IBM]

I'd be shocked if the federal government would 
let AT&T and IBM become one company, but...

Wednesday, July 17, 2019

Hello, World... Stocks::Stuffer Returns

Hello, World...

It's been three years since I last posted, but a couple of months ago I quit my job and now have more time to blog stuff about stocks (i.e. resume posting the Stocks::Stuffer).

The GDT::Portfolio has done okay during the last three years and currently contains 28 stocks.  The top 10 on 17 July 02019:  Alphabet (GOOG/GOOGL), Facebook (FB), iRobot (IRBT), Illumina (ILMN), Amazon.com (AMZN), Bruker (BRKR), AT&T (T),  IBM (IBM), Kratos Defense & Security Solutions (KTOS), and Vericel (VCEL). Note:  VCEL is fighting for the #10 spot with Twitter (TWTR) and First Solar (FSLR). Note:  Red Hat (RHT) was recently in the top 10, but it got acquired by IBM.

Again, this posting was posted to announce that the Stocks::Stuffer blog is no longer in a zombie state.



Tuesday, June 28, 2016

NeuroMetrix (NURO) Survives the Brexit Damage

The GDT::Portfolio got hit hard thanks to Brexit. If Wall Street really did "climb a wall of worry," then Brexit should have cause stocks to go up.

NeuroMetrix (NURO) was at $1.68 pre-Brexit and today (Tuesday, 02016.06.28; 2-Pi Day/Tau Day) it closed at $1.73. NURO spiked to $2.00 after some firm named Rodman & Renshaw initiated NURO with a 'Buy'. Volume was 407,612 vs. 67,406.

Tuesday, May 10, 2016

Facebook (FB)/Amazon.com (AMZN) Hit All-Time Highs

Facebook (FB) hit a new all-time high of $120.28 yesterday (02016.06.09).

Amazon.com (AMZN) hit a new all-time high of $698.35 this morning (02016.06.10) shortly after the market opened.

Thursday, May 5, 2016

Cray (CRAY) Crashes on 1Q'16 Results

Cray (CRAY) lost 20+% of its market value on 02016.05.04 after reporting 1Q'16 results.

CRAY closed at $38.91 on 02016.05.03 and then reported 1Q'16 results. CRAY opened at $28.90 (down ~26%) on 02016.05.04 and hit an intra-day low of $28.75 before closing at $28.90. Volume was 4.16 million shares versus 0.57 million. 52-week range: $18.00 - $43.79.

"We are off to a good start to our year," said Peter Ungaro, president and CEO of Cray.

I guess Wall Street didn't agree.

Tuesday, May 3, 2016

Cray (CRAY)/Illumina (ILMN) Nearing 52-Week High/Low, Respectively

The following was copied this morning (02016.05.03) from my Yahoo! Finance page.
CRAY Q1 2016 Cray Inc Earnings Release - After Market Close
ILMN Q1 2016 Illumina Inc Earnings Release - After Market Close

Cray makes high performance computing systems for processing "big data".

Illumina makes high performance genomics systems for processing large quantities of genomics data.

CRAY closed last week (02016.05.01) at $39.34. 52-week range: $18.00 - $43.79. 1Q'16 results could result in CRAY hitting a new 52-week high.

ILMN closed last week (02016.05.01) at $139.52. 52-week range: $130.00 - $242.37. 1Q'16 results could result in ILMN hitting a new 52-week low.