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Cypress Semiconductor (CY-Q)
NASDAQ:CY
23.83
Financials
Technical Analysis
$13.650
Unknown
Not one that is holding up in price. Would prefer something like Nvidia (NVDA-Q) or Broadcom (BRCM-Q) which sells into wireless devices, and has a very strong price pattern and is behaving better than 93% of stocks in the US market.
Thinks it is going to be a rough quarter for all of these companies, including this one. A little too volatile for him. He would prefer Intel (INTC-Q).
Watch the valuation because he is expecting institutions to rotate out of these stocks.
His general view on the semiconductor space is that we are starting to see some sector rotation into growth stocks in the US and the funds are causing a lot of growth into the US. Unfortunately this is causing a lot of cyclical companies like this one to go to levels which don’t make a lot of sense. You have to invest in these when they are actually going down as opposed to going up. Be very careful right now because we are going to get a contraction in the cycle.
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Cypress Semiconductor(CY-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
Cypress Semiconductor(CY-Q) Frequently Asked Questions
What is Cypress Semiconductor stock symbol?
Cypress Semiconductor is a American stock, trading under the symbol CY-Q on the NASDAQ (CY). It is usually referred to as NASDAQ:CY or CY-Q
Is Cypress Semiconductor a buy or a sell?
In the last year, there was no coverage of Cypress Semiconductor published on Stockchase.
Is Cypress Semiconductor a good investment or a top pick?
Cypress Semiconductor was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Cypress Semiconductor.
Why is Cypress Semiconductor 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 Cypress Semiconductor worth watching?
In the last year, there was no coverage of Cypress Semiconductor published on Stockchase.
What is Cypress Semiconductor stock price?
On 2020-04-15, Cypress Semiconductor (CY-Q) stock closed at a price of $23.83.
