Is Cypress Semiconductor a Good Buy Going Into Q3 Earnings?
Investors will be eagerly looking forward to Cypress Semiconductor's (NASDAQ: CY) upcoming fiscal third-quarter results on Oct. 26, hoping that the chipmaker will be able to extend its terrific run on the stock market. Cypress shares have rocketed almost 40% this year, and they currently trade close to 52-week highs on the back of a potential design win in Apple's latest iPhone.
Not surprisingly, Cypress will be expected to deliver a robust third-quarter performance and a sunny outlook. But will the semiconductor specialist be able to live up to Wall Street expectations? Let's find out.
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Source: Fool.com
Apple Inc. Stock
€199.24
-0.720%
Currently there is a rather positive sentiment for Apple Inc. with 149 Buy predictions and 17 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 12.43% for Apple Inc. compared to the current price of 199.24 €.
