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What are your thoughts on these stocksWhat are your thoughts on these stocks
djbaseball24 said: "Memy, I bought 100 shares at 3.09 and today its down to around 2.75, Do you think it will go up?
How about ABB? is it a buy now? and also CHK
Thanks"
BenHouston said: "[quote]
Memy, I bought 100 shares at 3.09 and today its down to around 2.75, Do you think it will go up?
How about ABB? is it a buy now? and also CHK
Thanks
[/quote]
Hi here is my analysis on these stocks:
Memory Pharmaceuticals Corp. (MEMY):
Their cash flow looks good, however it appears to me that they are not bringing in very much new money if you look at their revenue. It looks like most of their money goes into R&D which makes sense if they are a pharmaceutical company, maybe once they discover something big they will be a good buy. Personally I would not invest in this company without some good news first or some more press releases.
ABB Ltd. (ABB):
Okay they have a lot of revenue however their profits seem a little low. Their cash flow is way down from 2003, their assets are also in the negative. The P/E ratio of this company is 73.94 so that is quite high if you you ask me, so I guess investors are expecting big things. When I looking at their major holders I see a lot of Fidelity equity and mutual funds so maybe we are going to see very good things from this company soon, if I am not mistaken Peter Lynch is or was the Fidelity fund manager.
Chesapeake Energy Corp. (CHK)
Their balance sheet and income statement looks good, their cash flow looks to be short but I am sure its fine based on their assets and net income. Many anaylists have upgraded this stock to Buy, Strong Buy, and Outperform which is definatly a good sign. Now is better than ever to have lots of oil and natural gas, and that is what they do so if I had the money I would more than likely buy shares in this company however I have none :(
***
I am new to investing and analyzing stocks so what I am saying could be totally wrong however I believe it to be correct."
djbaseball24 said: "I also am looking at AMD, what are your thoughts on them?"
HappyHarry said: "Intel has been trading sideways for years and they're the Bellweather. What would make AMD sky rocket?"
drsuck said: "[QUOTE=djbaseball24]I also am looking at AMD, what are your thoughts on them?[/QUOTE]
Advanced Micro Devices is a great microprocessor company to invest in. Although most investors (ie: Jim Cramer) still likes INTEL they do admit that AMD is a force that is taking a large amount of business from INTEL. In recent news Dell has stated that they will be also selling AMD systems because of the demand for them. As you might have saw, Dell has been losing sales to IBM and other companies mainly because they are only selling INTEL based microprocessors. If you know anything about computers then you know that the architecture around the AMD processor is much better!! They have been ahead of INTEL in almost every new microprocessor technology.
The main reason I dislike INTEL is because they rush technology just to make up for some time (months) between their chip release and AMD's. In a recent article placed on my desk from my Network Administrator; Intel admitted that their Dual-Core was rushed! Speaking at... I think Standford University he stated that the company's dual-core cpus were pushed out the door too quickly in order to compete with offerings from rival AMD. Then again the new Pressler CPU seems to be promising it still wont have the architecture and backing that AMD now has with its dual-core processors.
In conclusion, I would definitely buy stock in AMD as it is looking to increase in the stock market as well. I bought a large stake of AMD when it was 13.xx and I am very pleased with the stocks progress. A co-worker of mine recently bought the stock because of speculation of a new form of processor coming out in the first quarter of 2006... but that is just in talks and white papers that line AMD's information database.
-Dr. Stock"
drsuck said: "[QUOTE=djbaseball24]Memy, I bought 100 shares at 3.09 and today its down to around 2.75, Do you think it will go up?
How about ABB? is it a buy now? and also CHK
Thanks[/QUOTE]
MEMY should be making a bounce back in about 1 - 3 weeks from now. There is a strong outlook to buy this stock now since it is down. I would of waited until now to buy it though but you will atleast get your money back or make a profit... Although I do not see it going past 8.xx anytime soon.
-Dr. Stock"
BenHouston said: "Why do you feel memy is due for a bounceback? they have negative EPS, all analysts have downgraded their status on it to hold or neutral, that stock looks like garbage to me, can you clarify why its good?"
drsuck said: "[QUOTE=BenHouston]Why do you feel memy is due for a bounceback? they have negative EPS, all analysts have downgraded their status on it to hold or neutral, that stock looks like garbage to me, can you clarify why its good?[/QUOTE]
Im not saying that I would keep this stock if I had shares in it but it is looking good for djbaseball24 who bought it at 3.09. It had a low point within the last 2 weeks but djbaseball24 will atleast get his money back in the next 1 - 3 weeks but I am 'feeling' it hitting 3.50 or even a little higher... when it peaks at or above 3.50 if I had 100 shares at 3.09 I would dumb it because the long term doesnt look too pretty! But I dont think he wants to keep this for the long term he is just in it to make a few extra bucks... but he wont get rich off this stock!
-Dr. Stock"