Hi Pat: I’ve been reading your newsletters for several years now, and I would like your opinion on the following stocks: NXP Semiconductors, Telefonica Brazil and American Eagle Outfitters. Thank you.
NXP Semiconductors N.V., $58.36, symbol NXPI on Nasdaq (Shares outstanding: 251.8 million; Market cap: $14.7 billion; www.nxp.com), makes computer chips for a range of products, including automotive components, identification products, smartphones and smart-home applications.
NXP’s customers include Apple, Bosch, Delphi Automotive, Gemalto, Giesecke/Devrient, Huawei, NSN, Panasonic and Samsung.
The stock trades at just 14.0 times NXP’s forecast 2014 earnings of $4.18 a share, but the chip industry is highly cyclical and often volatile.
NXP is okay to hold, but for aggressive investors only.
A: Telefonica Brasil (ADR), $19.08, symbol VIV on New York (ADRs outstanding: 744.0 million; Market cap: $19.8 billion; www.telefonica.com.br), is Brazil’s second-largest cable TV and wireless provider. It is a subsidiary of giant Spanish telecom firm Telefonica SA.
The company’s profits fell 17% in the three months ended December 31, 2013. Operating costs rose 22%, as it spent heavily on marketing to boost sales in a crowded market. Telefonica Brasil faces particularly strong competition from its biggest rival, America Movil S.A.B. de…
Privacy Policy and Terms of Use
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Changes to this Policy
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