• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • The Cody Willard Show
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Login

Earnings reports review

February 14, 2013 by Cody Willard Leave a Comment

Wealth can only be accumulated by the earnings of industry and the savings of frugality.  – John Tyler 

A couple quick updates on the earnings reports from last night.

Nvidia reported a fine quarter and guided just about inline, which is pretty much what I’d expected heading into that call last night. More importantly, I really liked what I heard from management about the next chipsets and gaming devices being rolled out in the second quarter. There’s a good chance this stock could ramp into that rollout on hype alone. We’ll see. I’m not selling any of my NVDA common or calls.

NTAP reported a fine quarter and guidance was pretty good, but as I’d expected, the stock had run up too far too fast into the report. The stock was down more than a $1 earlier this morning and is still acting very soft. A trade is a trade is a trade, so if you did any of those puts yesterday, you’re probably about breakeven on the trade and it’s probably time to just move on and sell ’em.

Cisco reported a fine quarter and guidance was fine too, but there’s two main takeaways you need to know from that report last night. First, the company’s seeing some softness in the enterprise but that carrier demand is strong. Juniper is the better play on carrier vs. enterprise. And also, Cisco’s inventory levels are at the lowest levels they’ve been since early 2009. When inventory levels are low, the supply chain has to order more boxes to be built and that will trickle down into the component suppliers of Cisco regardless. That means we could look at XLNX or ALTR as possible supplier plays on that theme.

Other than that, steady as she goes this morning. I’ve got more ideas coming your way in the next few days, so stay tuned. Back in a bit.

  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Related posts:

Update From The SALT Hedge Fund Conference In Abu Dhabi
Twitter earnings, Gold, Tesla, Qualcomm and more
Questions and Answers from Today's Chat
98 years of inspiration and other notes
Live Q&A Chat Live Stream Conference Call at 2:30pm ET today

Filed Under: Trading

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Footer

Disclosure: The firm in which Willard is a partner and/or Mr. Willard has positions in some of the stocks mentioned on this site although positions can change at any time and without notice.

Copyright © 2021 · Magazine Pro on Genesis Framework · WordPress · Log in