Invest
Xilinx: Why I bought the stock and quickly sold it
By Singapore Stock Picker  •  February 26, 2020
In January, I bought stock in a semiconductor company called Xilinx. After the company released a poor earnings guidance, the stock got punished. Bucking the trend of an overall bull market among the semiconductors and technology stocks, Xilinx stock was hammered. I took a small bite of it. Over the past weekend, I had time to dig through its financials more carefully. Upon closer inspection, I suffered from buyer’s remorse and quickly got rid of the stock. In this post, I will jot down my thought process to avoid making such a mistake in the future. Company Background Xilinx is a company that designs and sells a special semiconductor part called a Field Programmable Gate Array or FPGAs. FPGAs are chips that are somewhat like a CPU or GPU, but not quite. These chips are usually used in specialized computing applications where data throughput is very important. Therefore, it is...
Read the full article
By Singapore Stock Picker
I am a full time electronics engineer at a government linked company in Singapore. I enjoy most of my work and it pays reasonably well. However, I dislike waking up early and following a 9am-5pm lifestyle. That’s why I started picking up investing. I want to end up retiring from full time work by 40 and having the option to not being a slave to any company ...
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance