Analyst Calls 1-3-07: Goldman negative on chip stocks
AerCap Holdings (NYSE:AER) quiet-period ends: AER started as Outperform at Wachovia, as Overweight at Morgan Stanley and Lehman, and as Buy at Merrill Lynch.
Goldman Sachs is mostly negative and cautious on select Chip Stocks:
Applied Materials (NASDAQ:AMAT) cut to Sell. Advanced Micro Devices (NYSE:AMD) cut to Sell. Credence Systems (NASDAQ:CMOS) cut to Sell. Micron (NYSE:MU) raised to Neutral. Texas Instruments (NYSE:TXN) raised to Neutral.
Amazon.com, Inc. (NASDAQ:AMZN) cut to Sell at Citigroup; cites margin and business pressures.
A.G.Edwards started new coverage in many financial companies:
BB&T Corp. (NYSE:BBT) started as Hold. Fiserv (NASDAQ:FISV) cut to Hold. Regions Financial (NYSE:RF) started as Sell. Sun Trust (NYSE:STI) started as Hold. Wachovia Corp. (NYSE:WB) started as Hold. Wilmington Trust (NYSE:WL) raised to Buy.
General Motors Corp. (NYSE:GM) cut to Sell at B of A; GM shares were trading down almost 1% pre-market.
The Home Depot Inc. (HD) raised to Strong Buy at Raymond James, oddly enough this was before Nardelli said he was leaving.
Merck & Co. (NYSE:MRK) raised to Outperform at Bear Stearns; stock was up 1% pre-market.
ONEOK (NYSE:OKE) named as Conviction Buy at Goldman Sachs on discounted valuation.
Telik (NASDAQ:TELK) was cut to Peer Perform at Bear Stearns. If that isn't just a carryover from a weekend call or last week this one is a bit late.
You can access the full list of analyst Calls from 24/7 Wall St. here.
Goldman Sachs is mostly negative and cautious on select Chip Stocks:
Applied Materials (NASDAQ:AMAT) cut to Sell. Advanced Micro Devices (NYSE:AMD) cut to Sell. Credence Systems (NASDAQ:CMOS) cut to Sell. Micron (NYSE:MU) raised to Neutral. Texas Instruments (NYSE:TXN) raised to Neutral.
Amazon.com, Inc. (NASDAQ:AMZN) cut to Sell at Citigroup; cites margin and business pressures.
A.G.Edwards started new coverage in many financial companies:
BB&T Corp. (NYSE:BBT) started as Hold. Fiserv (NASDAQ:FISV) cut to Hold. Regions Financial (NYSE:RF) started as Sell. Sun Trust (NYSE:STI) started as Hold. Wachovia Corp. (NYSE:WB) started as Hold. Wilmington Trust (NYSE:WL) raised to Buy.
General Motors Corp. (NYSE:GM) cut to Sell at B of A; GM shares were trading down almost 1% pre-market.
The Home Depot Inc. (HD) raised to Strong Buy at Raymond James, oddly enough this was before Nardelli said he was leaving.
Merck & Co. (NYSE:MRK) raised to Outperform at Bear Stearns; stock was up 1% pre-market.
ONEOK (NYSE:OKE) named as Conviction Buy at Goldman Sachs on discounted valuation.
Telik (NASDAQ:TELK) was cut to Peer Perform at Bear Stearns. If that isn't just a carryover from a weekend call or last week this one is a bit late.
You can access the full list of analyst Calls from 24/7 Wall St. here.











Reader Comments (Page 1 of 1)
1-03-2007 @ 11:42AM
Bill Darwin said...
So when are "WE: as stock holders going to get together and stop the corporate thieves (board members and executive staff) from stealing our earnings. How can a board member approve a severance package that rips off the stockholder.
It is totally ridiculous that a person is awarded more money than 95 % of the people in America will make in a life time, in a lot of cases, for doing a bad job.
I think it is time to stop bonus, severance packages and stock options that exceed common sense rewards. .
Let me hear from others that feel the same. Maybe, as a group, we can pick one company at a time and vote as a group to change the company to provide us with a decent return on our investments. Who knows what would happen if enough of us refuse to buy stock in a company. No investors no company. Nobody but Nobody is worth 100 million a year in pay. PERIOD.