SWKS is Going Skyward- $50SWKS is on fire. Recent earnings revisions, and analyst upgrades has provided the catalyst for Skyworks to make its' next leg higher. May 29 marked its' highest 52 week close since the earnings release made in April. This cash rich company has an amazing Quick and Current ratio of 5.76 and 6.94 respectively, and no debt. Short term price target is set at 50.00, but with earnings coming out in July this stock can easily surpass my price target.
Z-CASH
SPY limit expousure and react quickly #SALT #TepperFrom SALT Conference in Las Vegas on Wednesday evening.
Tepper has one of the best long-term performance track records in the hedge fund world.
"I think we're OK. But, listen, there's times to make money and there's times not to lose money. This is probably you're supposed to think about preserving some of your money...I think you can still be long, but I think you're supposed to have some cash now."
"It's funny people think we're always bullish."
"I am nervous. I think it's nervous time."
He said the market is probably OK. "But it's getting dangerous."
"I'm not saying go short. Just don't go too friggin long."
Read more: www.businessinsider.com