Seven Unknown AI Stocks That Could Dominate the Next Six Years
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.
About Qorvo, Inc
Qorvo, Inc. develops and commercializes technologies and products for wireless and wired connectivity worldwide. The company operates in two segments, Mobile Products, and Infrastructure and Defense Products. The company offers integrated modules incorporating switches, power amplifiers, filters and duplexers, antenna tuners, RF power management integrated circuits, multimode/multi-band PAs and transmit modules, antenna-plexers, discrete filters and duplexers, discrete switches, and UWB system solutions, as well as envelope tracking power management solutions, antenna control solutions, and UWB system solutions supporting secure, low power, location, and communication services. It also provides integrated solutions that include switch-LNA modules, variable gain amplifiers, and integrated PA Doherty modules for massive multiple-input/multiple-output systems; RF products and compound semiconductor foundry services to defense primes and other global defense and aerospace customers; Wi-Fi customer premises equipment, including power amplifiers, switches, low noise amplifiers, and bulk acoustic wave filters; system-on-a-chip hardware, firmware, and application software for smart home applications; automotive RF connectivity products and metal oxide semiconductor based UWB chip and module system solutions; and power application controllers and programmable analog power ICs. The company sells its products directly to original equipment manufacturers and original design manufacturers, as well as through a network of sales representative firms and distributors. Qorvo, Inc. was founded in 1957 and is headquartered in Greensboro, North Carolina.
General
| Name | Qorvo, Inc |
| Ticker | QRVO |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Currency | USD |
| Country | USA |
| Fiscal Year End | March |
| Full Time Employees | 7,900 |
Highlights
| Analyst Target | 191.18 |
| Market Cap | 20,421,883,904 |
| PE Ratio | -158.28 |
| PEG Ratio | 1.28 |
| EBITDA | 1,267,203,968 |
Share Stats
| Shares Outstanding | 113,263,000 |
| Shares Float | 112,626,171 |
| Shares Short | 2,729,635 |
| Insider Holdings | 43% |
| Institution Holdings | 88.61% |
Highlights
| Analyst Target | 191.18 |
| Market Cap | 20,421,883,904 |
| PE Ratio | -158.28 |
| PEG Ratio | 1.28 |
| EBITDA | 1,267,203,968 |
Valuation
| Trailing PE | 43.37 |
| Forward PE | 17.42 |
| Price/Sales (Trailing 12 Mt.) | 5.47 |
| Price/Book (Most Recent Quarter) | 4.39 |
Earnings
Biden Congratulates Keir Starmer On Becoming UK Prime Minister: 'Look Forward To Our Shared Work...'
President Biden congratulates Keir Starmer on becoming U.K. Prime Minister. They spoke about supporting freedom and democracy and the special relationship between their countries.
Elon Musk Pegs Fifth Starship Launch For First Week Of August: SpaceX Expected To Attempt A Booster Landing This Time
For the next test, SpaceX is expected to attempt landing Starship's booster back at Starbase instead of splashing it down in the Gulf of Mexico like last time.
July 29 Deadline: The No. 1 Monthly Dividend ETF - Ad
It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!
EU criticizes France for excessive debt, putting pressure on Macron during election campaign
BRUSSELS (AP) — The European Union's executive arm on Wednesday criticized France for running up excessive debt, a stinging rebuke at the height of an where President Emmanuel Macron is facing a strong challenge from the extreme right and the left.
Kamala Harris Trumps Biden In 2024 Election Odds, Leads Her Boss In 3 Of 6 Swing States
Following a contentious debate between Joe Biden and Donald Trump, the Democratic Party is grappling with uncertainty over the party's candidate in the 2024 presidential election.
"America's No. 1 Retirement Stock" (Name Inside) - Ad
According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?
Elon Musk Says Donald Trump Calls Him For No Reason: 'I Don't Know Why'
Tesla CEO Elon Musk unveiled details of his interactions with former President Donald Trump during the company's shareholder meeting.
Instacart Inks Nationwide Pact With Sally Beauty - What's Going On?
Maplebear (Instacart) partners with Sally Beauty for nationwide same-day delivery, enhancing access to beauty products amid contrasting stock performances.
Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad
A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.
Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor
A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.
From Nvidia to Meta: The Next Big AI Stock to Watch - Ad
One company is quietly fueling the data centers that drive AI. But here's the kicker, this energy titan offers an 8.2% yield and plans to raise it 3-5% annually. Wall Street says it's extremely undervalued - a downright steal compared to peers.
Another Sign Of Tesla Gearing Up For Robotaxis? This Automatic Sanitization Patent Offers Clues
Tesla has a patent for sanitizing enclosed spaces like vehicle cabins using sensors to adjust conditions, gaining relevance as it prepares to launch a robotaxi service.
Biden In Trouble: Trump Dominates Swing States, Ties In New Battleground State Won By Democrats In 12 Straight Presidential Elections
A new 2024 election poll makes a change to what the top seven swing states are. The move and poll results could have Joe Biden worried.
July 22nd - The Biggest Crypto Event in History - Ad
According to the man who called every major market top and bottom for the last 29 years... A single event triggering on June 24th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.
What's Going On With Wolfspeed Stock Thursday?
Wolfspeed reportedly postpones $3B Germany plant to focus on NY production due to weak EV markets. Faces investor pressure after stock fell 51% in past year.
Block Positioned For Strong Growth On Neobank Leadership & Financial Services Expansion Strength: Goldman Sachs
Goldman Sachs covers Block, Inc. (NYSE: SQ) with a Buy rating and $80 price target. Analyst sees potential in SMB payments and fintech.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Micron Technology Stock Drops Over 5% In Pre-Market Despite Beating Q3 Revenue Estimates — Here's Why
The recent sell-off could be due to minor profit booking after stellar results.
A Leading Tech ETF Is Shifting The Balance From Apple To Nvidia With A Massive $23 Billion Stake Exchange As Nvidia's Stock Skyrockets By 164%
A major technology ETF is set to undergo a significant rebalance, increasing its Nvidia holdings from 6% to 21%. This strategic reallocation will involve purchasing approximately $11 billion worth of Nvidia shares.
The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad
25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.
Biofuel groups envision ethanol-powered jets. But fueling the effort has not been easy
MENOKEN, N.D. (AP) — Some day, the passenger jets that soar 35,000 feet (10.6 kilometers) over Dan McLean’s North Dakota farm could be fueled by corn grown on his land and millions of other acres across the Midwest.
Bankruptcy judge approves sale of Express Inc to group led by WHP Global
NEW YORK (AP) — A U.S. bankruptcy judge has approved the sale of the majority of 's operations to a consortium led by brand acquisition and management firm WHP Global — providing a lifeline to the struggling retailer and its hundreds of remaining stores.
The Presidential Candidate You Should Really Be Worried About - Ad
Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.
Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets
Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.
Chinese premier focuses on critical minerals and clean energy during Australian visit
MELBOURNE, Australia (AP) — Chinese Premier ends his Australian tour on Tuesday in the west coast city of Perth where he will focus on China’s investment in critical minerals and clean energy.
Big Tech Is Spending Billions Each Month on This AI Superproject - Ad
Big Tech is committing billions each month to the construction of these AI mega data centers. This is where Nvidia, comes in. It's quietly leaning on a set of what we call Silent Partners to get the job done. These companies could benefit greatly from this next wave of the AI boom.
What's Going On With Taiwan Semi Stock On Wednesday?
Taiwan Semiconductor Industry to maintain global lead for 8-10 years, urged to ensure research security and develop grand strategy for changing supply chains.
Federal appellate panel sends Michigan pipeline challenge to state court
Michigan Attorney General Dana Nessel's lawsuit seeking to shut down part of a petroleum pipeline that runs beneath the Straits of Mackinac belongs in state court, a federal appellate panel ruled Monday.
Man Who Called Nvidia at $1.10 Says Buy This Now... - Ad
In 2004, a man predicted Nvidia's rise. Now, he says a new company, which IPO'd in 2023, could soar like Nvidia. It signed a major deal with Apple for its AI tech in iPhones and iMacs. Could it be the next trillion-dollar company? See why he believes it's among "The Next Magnificent Seven."
What's Going On With Microchip Technology Stock Friday?
Microchip Technology stock saw some redemption Friday after a selloff on Thursday. The chipmaker announced that its portfolio of JAN transistors is now tested and qualified for Military-Standard Enhanced Low Dose Radiation Sensitivity (ELDRS) requirements.
Boeing Faces Sanctions From NTSB Over Unauthorized Release Of 737 MAX Investigation Details
The NTSB's action further strains the relationship between Boeing and government agencies, amid the planemaker's efforts to avoid criminal charges from the U.S. Department of Justice (DOJ) before a July 7 deadline.
Biden Out By August 19? - Ad
A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.
Bitcoin Continues Sideways Despite $21M ETF Inflow On Wednesday
Bitcoin spot ETFs saw net inflows of $21.5 million, signaling a shift in investor sentiment. Experts will discuss this and more at Benzinga's event.
Massachusetts Attorney General Says Sacklers 'Will Be Held Responsible' After Supreme Court Vacates Purdue Bankruptcy Plan
Massachusetts AG Campbell will make sure Sackler family pays for their role in fueling opioid crisis. Supreme Court rejects Purdue Pharma's bankruptcy plan.
Forget AI, Imperium Is Expected to Grow 320,000% In 3 Years - Ad
Three of the world's biggest AI companies -- Google, Nvidia and Intel -- have even partnered with my No. 1 Imperium company to get on this massive mega trend. The average investor hasn't caught on yet, but you can still invest in my No. 1 Imperium company for just $10 a share.
Crypto Allegedly Associated With Donald Trump Shoots Up To $150M In Market Cap — A New Strategy For The Presidential Race?
Former President Donald Trump is rumored to be directly stepping into the cryptocurrency world with a new token, “Trump Coin“, as he ramps up his campaign for the upcoming November presidential election.
What's Going On With BioRestorative Therapies Stock?
BioRestorative Therapies shares are trading higher Monday after the company announced it has received notice from the Nasdaq Stock Market that it has regained compliance with listing requirements.
Blundering Biden OUT As Dem Nominee? - Ad
Biden's days are numbered! According to a former CIA and Pentagon insider... Biden's about to drop out of the presidential race by August 19! He also reveals Biden's replacement candidate... A guy the Democrats think could actually beat Trump in November.
So long plastic air pillows: Amazon shifting to recycled paper filling for packages in North America
Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it's more environmentally sound, and it says paper just works better.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.