Momentum has been on the side of TER in 2019 but that seems to have run its course, indicators are shoring bearish divergences as sell side volume has dominated in the last few sessions.
Nit worth the risk to buy at this level before earnings as a pullback is well overdue, profit taking will occur whether earnings are good or bad.
P/E 22 which has grown...
Maybe a forgotten stock but TER could have a amazing read on the world economy within their earnings report.
AVERAGE ANALYSTS PRICE TARGET $48
AVERAGE ANALYSTS RECOMMENDATION HOLD
P/E RATIO 18
SHORT INTEREST 4.8%
COMPANY PROFILE
Teradyne, Inc. supplies automation equipment for test and industrial applications. It operates through the...
TER is one of the few stocks moving with momentum in an indecisive market condition. It is a semiconductor stock that has a similar technical pattern to AMD, with Dark Pool buying intermittently through the bottom formation. The stock recently pushed through strong resistance. With earnings in 3 weeks, this may be the start of a pre-earnings run. Watch the next...
