Nice moves today: TIE, ILMN, PCP, UCTT, HOLX, IMA
TIE - Up 6%+. Up big on the Boeing news. Also earnings are coming and will be a blow out. I wouldn't be surprised to see $35
PCP - Up 2% on Boeing news. Earnings are already out, so this is more about reinforcing the interest.
ILMN - up 2.5% Earnings release today. Cross your fingers.
UCTT - Up ~5%
HOLX - Up another 2%. A quick note about HOLX P/E. It looks like the P/E is ~74 but don't be fooled. Last quarter, HOLX had earnings of -$0.03. Over time (3 quarters), one expects that one quarter negative earnings to disappear. If we are talking about 4 quarters of $0.30+ quarterly earnings, then 12 month earnings is $1.20 or more. Now the P/E is closer to 45, for a company growing almost 200%. In fact, they think it will be $1.40, making a P/E of 40.
IMA - Up 2% to a new 52 week high
PCP - Up 2% on Boeing news. Earnings are already out, so this is more about reinforcing the interest.
ILMN - up 2.5% Earnings release today. Cross your fingers.
UCTT - Up ~5%
HOLX - Up another 2%. A quick note about HOLX P/E. It looks like the P/E is ~74 but don't be fooled. Last quarter, HOLX had earnings of -$0.03. Over time (3 quarters), one expects that one quarter negative earnings to disappear. If we are talking about 4 quarters of $0.30+ quarterly earnings, then 12 month earnings is $1.20 or more. Now the P/E is closer to 45, for a company growing almost 200%. In fact, they think it will be $1.40, making a P/E of 40.
IMA - Up 2% to a new 52 week high
posted by Andrew at
10:27 AM
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