"This news will no doubt cause investors to question QRVO's $800-$840M Mar-Q revenue guidance given on January 29, despite QRVO's management addressing this topic last week at a conference and seemingly standing behind guidance," Wells Fargo said in a note.
The firm urged investors to use caution and said that any supply chain issues would only be short term. "We believe investors should buy on any weakness in QRVO's shares on the heels of the announcement issued by Apple," Wells said.Here is a wrap of the stocks that have been hit by the coronavirus but analysts still say buy:"The Coronavirus is wreaking havoc across virtually every hardware company with exposure to China in terms of supply disruptions and demand disruption. Despite this headwind, however, design activity remains robust and SNPS has had no ill effects.
Of course they are, $AAPL is hardware company they conned you into believing is a high margin services company. Poor joe public gonna get killed up here
Okay, sure. I'll add some more shares. NOT.
not yet april is the bottom
Permabull charlatans like you
Yep. Let them buy as much as they want. Smart retail will see the true risk and run now.
They will always say buy even after they have sold
Buy on the dips … sell on the highs … simple theory that applies to all most every thing ...
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Source: BusinessInsider - 🏆 729. / 51 Read more »