Shares of GT Advanced Technologies GTAT are up 257% in the past six months, and they have jumped 30% in the past two weeks since Apple AAPL announced that it was Apple is advancing $578 million to GT, and GT will employ over 700 people at Apple’s Arizona facility to manufacture sapphire. On the surface, the
Apple loves sapphire. The iPhone 5S has a sapphire cover over the fingerprint reader and also over the camera. Recently, Apple announced a multi-year agreement with GT Advanced Technologies (GTAT) to produce sapphire on a large scale at an Apple facility in Arizona. Under the agreement, Apple is advancing $578 million to
Mom and pop investors love to read about the stocks that billionaires have been buying or selling. The media is happy to oblige. After all, what is good for the likes of Warren Buffet and Carl Icahn has to be good for mom and pop, right? Wrong! Let me explain why it
On Oct. 16, 2013, I made an unhedged call to consider backing up the truck and buying Twitter shares upon its IPO — for a trade, though, not as an investment. After the stock begins trading in the open market, only skilled traders should consider entering a position. Now, I would
This post was just published on ZYX Buy Change Alert. Apple has bought certain sapphire related patents and secured sapphire supplies from a company called GTAT that we have mentioned before. Rubicon is moving in sympathy. Please note that RBCN is not likely an Apple supplier. What To Do Now? Those in the stock may continue to hold. Those not in
Monday after the close, Apple reported earnings. Dan Gallagher has done an excellent job of covering the numbers here. The only other important information I can add is that the tone of the conference call was very positive. Instead of regurgitating the numbers, I will show you both long – and
This post was just published on ZYX Buy Change Alert. RBCN is a provider of sapphire crystals. A sapphire crystal covers the fingerprint reader in iPhone 5S. There is disappointment that Apple has not extended fingerprint readers to its iPad line. The new buy zone is $7.90 to $11.53. Because of
Carl Icahn, perhaps the most successful investor of recent times, has sent out a new letter to Tim Cook. However, much of the information that is crucial for investors is either not in the letter or not clear in the letter, but came out in an excellent interview on CNBC. Here
Earnings season is in full swing. In my backtesting, companies that report earnings above analysts’ consensus estimates tend to outperform the market. Here are three popular technology stocks that have reported blowout earnings so far this quarter. Only the data that is most important and has been historically reliable in the past is listed
Apple has scheduled a product-announcement event for tomorrow. My expectations are that the products announced will be mostly evolutionary, but there is a dark horse that can change the game for tablet computing. The dark horse is a 13-inch iPad that is a replacement for full-fledged laptops. If this dark