Buy, Sell or Hold: Qorvo Inc (QRVO-Q) — Stock Predictions at Stockchase

NASDAQ:QRVO

102.52

2.29 (2.18%) 1d

Showing 1 to 10 of 10 entries

BUY

A semi company with a lot of exposure to wifi, 5G phones and the internet of things. Last night they announced numbers that blew away expectations and they raised their guidance. The chipmakers, like AMD and Nvidia, will also do well.

electrical / electronic

DON'T BUY

They have instituted a share buyback and took a beating on earnings. Storm clouds are starting to form in the space. He thinks further selling could be coming soon.

electrical / electronic

HOLD

Semiconductor player in network and wireless space. Supplies Cisco (CSCO-Q) and Motorola (MOT-N). Latter has struggled over the last year or so but supposed to change in the 2nd half because of new management. Although this has done well he would use caution going forward and perhaps take a little bit, not all, off the table.

electrical / electronic

TOP PICK

Trading below cash now. Missed estimates and guidance 3 times last year and changed direction in their business model last quarter. Got pummelled. Out of favour and trading at a very low level. Good revenue and decent cash flow and just cut investment in a money losing area so margins are going to pick up.

electrical / electronic

DON'T BUY

Sells products into the cell phone market. Have had some pretty big customer concentration. When they hit it can go very well, but when you are a smaller player that business can disappear very quickly.

electrical / electronic

DON'T BUY

A smaller supplier primarily going to the cell phone market. Pretty volatile. Have a few very large customers. Contracts can be won or lost. Probably fair value.

electrical / electronic

DON'T BUY

Semi-conductor group has underperformed. Has been a lot of damage to a lot of stocks. The basic issue is that there is not a lot of pricing power. Demand for semi-conductors are expected to be lower this year. Only 30% of companies are trending higher meaning there are not a lot of buyers and that the sell off is getting to lower levels. Would prefer a company thet is trading against the highs in a very weak sector.

electrical / electronic

BUY on WEAKNESS

Very cautious on the wireless industry right now. Highly volatile. Treat as a trading stock and buy when it is very weak but sell when it goes up.

electrical / electronic

DON'T BUY

A good sector and is the leader. Would buy at $10/12.

electrical / electronic

DON'T BUY

Has acted very well, but some of this is shorts covering their sells. Wait to see how the charts develop.

electrical / electronic

Showing 1 to 10 of 10 entries

Qorvo Inc(QRVO-Q) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for Qorvo Inc is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Qorvo Inc(QRVO-Q) Frequently Asked Questions

What is Qorvo Inc stock symbol?

Qorvo Inc is a American stock, trading under the symbol QRVO-Q on the NASDAQ (QRVO). It is usually referred to as NASDAQ:QRVO or QRVO-Q

Is Qorvo Inc a buy or a sell?

In the last year, there was no coverage of Qorvo Inc published on Stockchase.

Is Qorvo Inc a good investment or a top pick?

Qorvo Inc was recommended as a Top Pick by on . Read the latest stock experts ratings for Qorvo Inc.

Why is Qorvo Inc stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Qorvo Inc worth watching?

0 stock analysts on Stockchase covered Qorvo Inc In the last year. It is a trending stock that is worth watching.

What is Qorvo Inc stock price?

On 2022-05-16, Qorvo Inc (QRVO-Q) stock closed at a price of $102.52.

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