The Zacks Analyst Blog Highlights: AAPL, CEVA, FIVN, SIMO And MKSI
Zacks Investment Research | Jan 23, 2020 10:10PM ET
For Immediate Release
Chicago, IL –January 24, 2019 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (NASDAQ:AAPL) , CEVA, Inc. (NASDAQ:CEVA) , Five9, Inc. (NASDAQ:FIVN) , Silicon Motion Technology Corp. (NASDAQ:SIMO) and MKS Instruments, Inc. (NASDAQ:MKSI) .
Here are highlights from Thursday’s Analyst Blog:
5 Top Tech Stocks Up to Bat This Earnings Season
As we gear up for the U.S tech sector’s fourth-quarter earnings results, let us recall the sector’s outperformance last year and decade, over which it has surpassed all sectors, climbing a whopping 328%.
But, last month, the tech sector somehow lagged the S&P 500. And analysts predict a 4.3% fourth-quarter earnings decline from the same period last year. However, the sector continues to see more companies issuing positive than negative guidance.
What’s more, tech stocks are expected to collectively record 3.9% higher revenues compared to last year. Notably, Netflix (NASDAQ:NFLX) posted impressive fourth-quarter revenue results, helping the streaming giant surpass $20 billion in revenues last year. By the way, IBM’s revenues grew in the quarter following five quarters of declines (read more: Original post
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