Stocks On My Screen For Week Starting April 5th, 2021

Every week, our model comes up with 40 stocks, 20 positive and 20 negatives, to watch for next week’s trading. The model is based on a mix of fundamental and quantitative factors, built on my proprietary database of detailed earnings model on more than 1375 U.S. listed companies. The historical data for these earnings models is sourced from SEC filings. Performance of last week’s model portfolio for the week was, Net: 0.3% Longs: 0.2% Shorts:  0.1% Assuming 5% is dedicated to each position, resulting in 0% net exposure and no…

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Tower Semiconductor, As Chip Manufacturing Gets Rerated

Tower Semiconductor Limited (NASDAQ: TSEM), an independent foundry services provider, is ready for a rerating with favorable industry tailwinds and significantly improved fundamentals. Now that the market has woken up to the potential offered by third-party semiconductor manufacturing service providers, as evident from the performance of Taiwan Semiconductor (NYSE: TSM) and United Microelectronics (NYSE: UMC), Tower should be next.     Even though its hard to quantify the full impact, most industry observers and companies in the space agree that trade restrictions on Chinese state-owned or backed entities have led to…

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