Conversations with Jaguars – October 1 ($MRVL, $QRVO, $KIDS, $CE, $WLK)


Overnight semis enjoyed strong rallies in China and Europe. Expect that to continue in the US. Looking for a breakout in $MRVL through $40 resistance which benefits from its largest customer Samsung that signed a $6.6B deal with Verizon 3 weeks ago for 5G buildout. Also looking for a breakout in $QRVO through $132 resistance that guided SepQ 12% above consensus. Update on one of our favorite small cap $KIDS which has pulled back to support and recently launched ApiFix which is likely to become major new growth driver. Lastly, reiterating bull case for $CE along with other specialty chemicals such as $WLK with demand curve rising rapidly from China.