Stocks @ Night is a daily newsletter delivered after hours, giving you the first information about tomorrow and the last information about today. Sign up for free to receive it straight to your inbox. Here’s what CNBC TV producers were watching as the major stock averages ended a three-day losing streak, and what they’re watching for next session. AT&T will report during “Squawk Box” at 6 a.m. The stock price fell 14% in three months. AT&T is down 25% from its September high. T 3M Mountain AT&T Last 3 Months PulteGroup Reports on ‘Squawk Box’ at 6am Stock price fell 3% in 3 months. Pulte Group is down 14% from its Feb. 17 high. Alphabet reported after the bell that the stock had risen 4.5% in three months. Alphabet is down 15% from its May 18 high. CNBC has partnered with StockStory, a platform that takes a deep dive into stocks across all sectors, providing financial analysis, market insights, and recommendations. StockStory’s conclusion: “Alphabet is trading at $353.47 per share, which is a forward price/earnings multiple of 27.3. This high multiple means expectations are high for the company over the next 6-12 months.” The platform also said, “Alphabet’s dominant Google search ranks in the pantheon of all-time business greats. This is reflected in the company’s strong long-term revenue growth and elite operating margins.” Implied volatility, a key indicator of how much the market thinks a stock’s price is likely to fluctuate, is 6%. Last quarter, stock prices soared following the announcement of financial results. GOOGL 3M Mountain Alphabet Stock Price Over the Past 3 Months Tesla Reports After the Bell The stock price has fallen about 2% in 3 months. Tesla stock is down 24% from its high in December of last year. The stock price has fallen about 16% since the beginning of the year. “We have a better chance than Tesla,” Stockstory said. Stock Story highlighted the company’s forward price-to-earnings ratio, saying, “The current multiple is quite expensive, especially given the fundamentals of the business.” Chipp and Kramer’s Strategy The popular VanEck Semiconductor ETF (SMH) rose 4.5% on Tuesday. It rose about 5% in two days. It has fallen 13% from its June 22 high. Teradyne and Micron were the big winners on Tuesday. Both stocks were up 12% during the session, but the stock is down 22% from its high. Intel and Advanced Micro Devices rose 8% on Tuesday. Intel is down 26% from its June 30th high, and AMD is down 7% from its high on the same day. Jim Cramer of “Mad Money” argued that “We always forget that when you make a big showing in the semifinals, it’s a good opportunity to change the standings.” Some statistics back that up. Consider that SMH is up over 100% in one year. Ten of the 25 stocks in the ETF are up more than 140% in one year. Of the 25 stocks included in the ETF, 16 are up more than 50% in one year. Kramer also cautioned, “Don’t make a fuss just by owning the semifinals.” SMH 1Y Mountain VanEck Semiconductor ETF (SMH) Parabolic Seven Drops Over the Past 12 Months Tuesday saw big wins for a group that includes SanDisk, Micron, Intel, AMD, Marvell, Dell, and Broadcom. See how much these stocks have fallen from their highs. SanDisk is down 32% from its June high. Micron is down 22% from its June high. Intel is down 26% from its June 30 high. AMD is down 7% from its June 30 high. Marvel is down 36% from its June 18 high. Dell is down 14% from its June 1 high. Broadcom is down 22% from its June 3 high.
