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Amazon Can Do No Wrong, While Intel Can Do Nothing Right

Amazon Can Do No Wrong, While Intel Can Do Nothing Right



Amazon Can Do No Wrong, While Intel Can Do Nothing Right

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MICHAEL KRAMER AND THE CLIENTS OF MOTT CAPITAL OWN SHARES OF NXPI, CELG

Amazon

So two things stand out to me this afternoon, Amazon fell short on revenue for the quarter and forward guidance, yet today everyone is focused on the big earnings beat? Interesting, since when did the market care about Amazon’s earnings?  It was just a year ago, that Amazon had that big earnings miss. Does that mean we should start valuing Amazon on an earnings basis?  Look, I’m somewhat joking, but going back to last night, if I told you Amazon would miss revenue for the quarter, and guidance, you would probably instantly say how much is it down? At least my reaction was, oh crap that is not good. But no, this is Amazon, and it can not be beaten, so the stock goes up.

I am happy the stock is rising it is good for the market, and I like to see people making money. But, I do find it frustrating that market seems to let Amazon get away stuff other companies can’t.

Intel

Intel is a perfect example, posting what looks likes solid numbers, which were even better than the guidance updated just a month ago, which was raised significantly at the time. Then it provides better guidance for next quarter, and the stock goes down, on the delay of a chip for six months. Intel wasn’t even priced to perfection and trading well off its highs near $60, getting slammed over the CEO departure. The departure needs to be dealt with it and fixed, and the sooner it gets fixed, the better.  But I don’t think it should be trading 3 or 4 percent.

Facebook

Facebook, primarily traded sideways once it opened down 19 percent. I had written last night there was support at $173, and that is pretty much where the stock fell and remained all day.

facebook

I talked about Facebook in the premium section and went through the parts of the slides from last night conference calls highlighting some areas that investors should be asking yourself about. I’m not going to get into here it, because it is easier to visualize than type. Besides if I gave everything away for free I won’t be able to eat, so sign up! 🙂Facebook’s Growth Issue

NXP

NXP traded for the first time in nearly two years as an independent company, and the quarterly results looked solid, but to be honest, there is nothing to compare them too. I’m not 100% sure the estimates were all that reliable. But over the next few weeks, analysts should start updating everything. But the call sounded favorable to me and was I pleased to hear they are stronger today and in a broader part of the auto market then two years ago, it seems pretty clear to me why Qualcomm wanted them. I already knew why they want them, but it seems to come into focus much more so today. They will be a force as autonomous driving continues to develop.

Qualcomm

I know Qualcomm rallied today, but I think it was for the wrong reason. I believe Qualcomm finds itself in a tight spot because they will not be able to make any significant acquisitions because of China, and they will not be acquired because of the US, and the licensing business is under assault from Apple. Ask IBM how massive stock buybacks work out when revenue isn’t growing.

McDonald’s

Or you can even ask McDonalds. They were down today,  and as revenue continues to slip away, you have to ask yourself how many more cost can they cut and how many more shares they can buy.  Somehow the stock avoided closing below a critical support level.

Celgene

Celgene reported, and those numbers looked solid, and the stock managed to stay above support of $86.50. That has to be a good sign?

celg

There are just many earnings around, for me to go through all of them. I will put a survey below and if you really want me to take a look at let me know, I have provided a list of 5.

Which Company's Earnings Do You Want Reviewed

  • AMD (32%, 6 Votes)
  • Visa (21%, 4 Votes)
  • Amazon (21%, 4 Votes)
  • Facebook (16%, 3 Votes)
  • Boeing (11%, 2 Votes)

Total Voters: 19

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Have a great night!

-Mike

Articles Written By Mike On Investopedia:

Square Seen Rising 10% Short Term as Profits Soar

Coca-Cola Seen Falling 14% Despite Strong Results

NXP Faces More Steep Declines Without Qualcomm

Twitter Faces Huge 14% Stock Swings After Earnings

Bristol-Myers Stock May Rebound 8% Short Term

McDonald’s Stock May Fall 9% After Earnings

Intel Traders Bet Stock Will Jump 7%

Microsoft’s Stock May Rise 12% on Raised Forecasts

Qualcomm Stock Seen Falling 16% as Profits Plunge

3 Hot Biotech Stocks With More Gains Ahead

AMD May See Massive Volatility After Earnings

Why Visa’s Surging Shares May Have Further to Rise

Alphabet’s Stock Seen Rising 9% on Faster Growth


Photo edit via flickr

Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendations made during the past twelve months. Past performance is not indicative of future. 

#facebook #amazon #intel #qualcomm #nxp #celgene

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