FinancialNirvana.com » Tech Stocks

SiRF: Rumored to have lost out on the upcoming GPS capable 3g iPhone

Himanshu Pandya — Thu, 20 Sep 2007 08:05:41 +0000

SiRF Technology (Nasdaq: SIRF) got hit hard today after a nice little run the last few days. According to this unconfirmed story in TheStreet.com, Apple (Nasdaq: AAPL) will be releasing a GPS capable 3g iPhone early next year using a competitors GPS chip.

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SiRF: Deutsche Bank reiterates ‘Buy’ rating and $30 price target

Himanshu Pandya — Tue, 11 Sep 2007 08:52:25 +0000

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For all you Alvarion (ALVR) and WiMAX believers

Himanshu Pandya — Tue, 11 Sep 2007 08:50:30 +0000

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Get in before SiRF’s back up

Himanshu Pandya — Sun, 05 Aug 2007 08:15:02 +0000

GPS chipmaker SiRF Technology Holdings (Nasdaq: SIRF) reported 2nd quarter earnings on Tuesday. The stock has gone down from the mid 23 range to now mid 19â€™s since the earnings.

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Keep an eye on these stocks during this downturn

Himanshu Pandya — Fri, 02 Mar 2007 10:24:22 +0000

My first day back from vacation and the market takes its biggest hit in six years. Some of my high fliers such as Suntech Power (NYSE: STP) and FuelTech (Nasdaq: FTEK) have taken a big time beating. Suntech Power has gotten the worst of it being a Chinese company. What this downturn has done is made some quality stocks cheaper and more attractive. I plan to either buy the following stocks or add to my position in the near future depending on the overall market conditions.

Here’s my list (in no particular order):

HDFC Bank (NYSE: HDB) and ICICI Bank (NYSE: IBN) are two of India’s largest private banks and have been on a tremendous run for a while now. They have both taken a small hit not only due to the market downturn but also because of the Indian Budget which was just released. After my recent visit to India I am convinced that this is one sector I definitely want to be part of during these booming times. I am planning to write a separate column about my trip and the banking sector. I recommended both of these stocks last May but for some odd reason didn’t but them myself. Trust me, I am still kicking myself for it.
Suntech Power (NYSE: STP): Suntech Power has taken a major beatdown in the last three days and I am still not convinced if the beating is over. I am still comfortably up in my position and actually bought a call option on Tuesday as well. I don’t see anything fundamentally wrong with the company and expect it to recover once the market settles down.
FuelTech (Nasdaq: FTEK): My Fuel Tech position has gone from a nice profit to a small loss in the last three days. The company has won some nice contracts from the Chinese government due to their preparation for the Beijing Olympics. I still see tremendous upside for this company. Hoping to see a bounce before Q4 earnings are announced next week on Tuesday.
Boeing (NYSE: BA): With the troubles at Airbus going from bad to worse it’s time pay close attention to Boeing. After looking at the boom in air travel in India I am convinced that Boeing is the way to go.
Under Armour (NYSE: UA): Under Armour hasn’t taken as bad of a beating as I would expect from a so-called overvalued stock in the last three days. The stock has hanged in there but it might not survive too long if the market continues to go south. If that is the case I am going to add more Under Armour to my already long position.
American Superconductor (Nasdaq: AMSC): This company has been on a nice run the last few weeks. Being one of the few pure play Wind Energy stock also helps. I am already up more than 100% on my Jan 08 call options which I am planning to hold for now. One of the few stocks that has been on a uptrend that last three days.
Infosys Technologies (Nasdaq: INFY): I don’t think Infosys needs any introduction. Another stock that has taken a big hit this week.
SiRF Technologies (Nasdaq: SIRF): The 5-day chart on this GPS Chipmaker looks pretty ugly. SiRF proved the naysayers (like me) wrong the last earnings release. SiRF’s monopoly in GPS chips is dwindling but the overall market is growing.

* Full Disclosure: I am long STP, FTEK, UA, AMSC. I don’t have positions in BA, HDB, IBN, INFY or SIRF.

Apple always seems to come through with a bang

Himanshu Pandya — Wed, 10 Jan 2007 05:15:58 +0000

Apple Inc. (Nasdaq: AAPL) made a big splash today at the Consumer Electronic Show (CES) with the introduction of the iPhone. If you still haven’t seen the iPhone you have no idea what you are missing. You can see the engadget coverage here. The iPhone is good enough to make a grown man cry.

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Out of SiRF

Himanshu Pandya — Tue, 19 Dec 2006 05:05:07 +0000

I am completely out of SiRF (Nasdaq: SIRF) as of today. I sold half my shares on Friday and sold the rest this morning while the stock was still positive but starting its downtrend.

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SiRF gets beaten up

Himanshu Pandya — Fri, 15 Dec 2006 05:05:35 +0000

GPS chip maker SiRF got beaten up pretty bad today. The stock went down 11.46% to end the session at $26.20. This is a stock I own and wrote positively about in the past.

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SiRF’s up!

Himanshu Pandya — Thu, 16 Nov 2006 05:16:51 +0000

Let me begin by apologizing for the lame and unoriginal headline of this article. However, GPS chip maker SiRF Technology Holdings (Nasdaq: SIRF) is on a upswing and it blew past $30 after a weak opening today.

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Don’t give up on eBay’s Skype just yet

Himanshu Pandya — Sun, 24 Sep 2006 10:36:45 +0000

eBayâ€™s (Nasdaq: EBAY) VOIP subsidiary Skype is starting to gain momentum with a surge of branded phones and deals in regard to â€˜click-to-callâ€™ advertising.

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