*Biotech*
Gilead Sciences (GILD) $105
– 10x earnings
– 45% less than the price-earnings ratio of the overall market and 60% less than the P/E of their biggest rivals
*Technology*
Micron Technology (MU) $29
– Down 17% since December due to slumping personal computer sales
– New contracts with suppliers and partners that will pare down expenses and possibly boost sales
*Energy*
Chicago Bridge & Iron (CBI) $50
– Builds infrastructure for energy companies
– Tumbled 37% since April of 2014 due to drop in oil prices
– Has plenty of cash
– Will repurchase as much as 10% of its shares
– Sells for 9x estimated profits, giving it above-average long term potential
All prices listed are as of May 1st, 2015
In addition, take a look at General Electric (GE)
It is worth looking at for investment for the following reasons;
– GE is selling off large amounts of real estate
– Sell GE Capital
a. This could look really good if the Federal Reserve starts to raise interest rates. Even though commercial real estate values are soaring, higher costs could deflate demand.
– This is a big “if” and should be followed.
– Insiders have purchased $2.3 million worth of stock between $26.93 and $27.26.
– Presently selling at $27.34
– GE is moving back to basics.
– GE will be moving quickly.
– All these trends will be good for shareholders.
– GE paying 3.4% dividend yield.
*Semiconductor Industry*
A lot of activity taking place with the acquisition of Broadcom (BRCM) by Avago (AVGO) and Intel (INTC) looking to the possible acquisition of Altera(ALTR).
Wall Street rumor is predicting continued consolidation in the semiconductor space to come fast and furious.
Texas Instrument (TI) and other major chipmakers tagged as possible players to either acquire or be acquired.
Disclaimer/Confidentiality Notice. :Pinnacle Research Corp is a subscription based service and does not provide investment counseling, or act as an investment advisor. The employees of Pinnacle Research Corp are not registered investor advisors and as such, the recommendations covered iN Pinnacle Research Corp Research Reports are opinions and personal beliefs of the analysts that are writing such reports.