$ON Semiconductor (ON.US)$Bought back at 47.9, although the P/E is somewhat expensive. Honstly, I hoped to buy it back at low 40s, but the bottom fishing activity in this market is strong. I don’t want to regret for giving up shares that may close to the bottom. You never know the trading algorithms, they send uptrended stocks to super expensive levels; selling downtrended stocks because of reduced earnings could also be invalid.
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Blue Jets
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the PE ratio is actually rather low compared to peers in the same industry. moomoo data said its PE ratio was at 4th percentile few days ago (meaning the PE ratio was the lowest among peers)
$ON Semiconductor (ON.US)$Too many things going on today, I would have sold out my position if I saw the rebound to prior close. Sold half of my position at 48.66 in the pre-market, will buy it back if it drops to lower half of 40s. It’s more like bottom fishing. There is no bull case here, unfortunately, with China being strong in Q4 but soft in Q1, auto is expected to be down 25% from Q4 to Q1. In retrospect, TXN and IFNNY are the only two companies in the auto and industrial markets that are ...
Monday markets climbed after Americans watched the Philidelphia Eagles destroy the Kansas City Chiefs in the Super Bowl Sunday, a televised murder so graphic Trump left the game early in disgust to tweet about pennies. In January, the Philidelphia Manufacturing index climbed to one of its highest readings in history, and last night, Americans watched as the city of brotherly love used its industrial might...
Morning Movers Gapping up $BP PLC (BP.US)$shares surged 7% after reports that activist investor Elliott Management took a stake in the company, potentially pushing for strategic changes in its oil and gas operations to boost shareholder value. BP is set to report Q4 earnings on February 11. $United States Steel (X.US)$shares jumped 8% after Japan's Cabinet Secretary Yoshimasa Hayashi stated that Nippon Steel is considering a strateg...
Blue Jets : the PE ratio is actually rather low compared to peers in the same industry. moomoo data said its PE ratio was at 4th percentile few days ago (meaning the PE ratio was the lowest among peers)
richrichrich Blue Jets :![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)