A federal jury here ruled that Google’s use of Oracle Corp.’s Java software didn’t violate copyright law, the latest twist in a six-year legal battle between the two Silicon Valley titans.

Oracle sued Google, a unit of Alphabet Inc [stckqut]GOOGL[/stckqut] [stckqut]GOOG[/stckqut]., in 2010 for using parts of Java without permission in its Android smartphone software. A federal appeals court ruled in 2014 that Oracle [stckqut]ORCL[/stckqut] could copyright the Java parts, but Google argued in a new trial this month that its use of Java was limited and covered by rules permitting “fair use” of copyright material.

A 10-person jury on Thursday agreed.

Google acknowledged using 11,000 lines of Java software code. But it said that amounted to less than 0.1% of the 15 million lines of code in its Android mobile-operating system, which runs most of the world’s smartphones.

Source: Google Wins Java Copyright Case Against Oracle

Company name Freeport-McMoRan Copper & Gold Inc.
Stock ticker FCX
Live stock price [stckqut]FCX[/stckqut]
P/E compared to competitors Good
MANAGEMENT EXECUTION
Employee productivity Good
Sales growth Good
EPS growth Poor
P/E growth Poor
EBIT growth Poor
ANALYSIS
Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $0.02
Target stock price (averages with growth) $0.87
Target stock price (averages with no growth) $6.38
Target stock price (manual assumptions) $30.92

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in this stock as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns.


Company name ConocoPhillips
Stock ticker COP
Live stock price [stckqut]COP[/stckqut]
Confident Investor Rating Poor

Confident Investor comments: At this price and at this time, I do not think that a Confident Investor can confidently invest in this stock. It is not possible to confidently invest in a company that is not currently profitable.

 

Company name Keysight Technologies Inc
Stock ticker KEYS
Live stock price [stckqut]KEYS[/stckqut]
P/E compared to competitors Good

 

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Fair
EPS growth Good
P/E growth Good
EBITDA growth Good
Price growth Good
R&D growth Fair
Income growth Good
Assets growth Good
Return on Assets growth Good
Market Capitalization Growth Good
Income / Rev growth Good
TWCA Plus Good
Standard TWCA Good
Weighted ann. stock price increase Good

 

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $151.47
Target stock price (averages with growth) $226.48
Target stock price (averages with no growth) $130.04
Target stock price (manual assumptions) $140.84

 

The following company description is from Stockrow: https://stockrow.com/KEYS

Keysight Technologies, Inc. provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific regions. Its Communications Solutions Group segment provides electronic design automation (EDA) software; and radio frequency and microwave test instruments; oscilloscopes, logic and serial protocol analyzers, logic-signal sources, arbitrary waveform generators, and bit error rate testers; optical modulation analyzers, optical component analyzers, optical power meters, and optical laser source solutions; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment. The company’s Electronic Industrial Solutions Group segment offers design tools; design verification solutions; digital multi-meters, function generators, frequency counters, data acquisition systems, audio analyzers, LCR meters, thermal imagers, precision source measure units, ultra-high precision device current analyzers, and test executive software platforms, as well as various power supplies comprising AC/DC modular supplies and electronically programmable loads. This segment also provides printed-circuit-board-assembly testers, integrated circuit parametric testers, and sub-nano-meter positioning sub-assemblies; test and measurement products and software; and repair, calibration, and consulting services, as well as resells refurbished used Keysight equipment. Its Ixia Solutions Group segment offers software applications and services, including warranty and maintenance offerings, and hardware platforms. The company sells its products through direct sales force, distributors, resellers, and manufacturer’s representatives. It has partnership with Qualcomm Technologies, Inc. The company was incorporated in 2013 and is headquartered in Santa Rosa, California.

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Keysight Technologies Inc as long as the indicators that I describe in my book The Confident Investor are favorable.

 

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Keysight Technologies Inc calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $98.13
  • Growth: 0.151413882105943
  • Current EPS (TTM): $3.59667
  • P/E: 31.162655699453
  • Future EPS Calc: $7.27
  • Future Stock Price Calc: $226.82
  • Target stock price: $140.84

[/s2If]
I hope that this makes you a Confident Investor.

 

Company name Lam Research Corporation
Stock ticker LRCX
Live stock price [stckqut]LRCX[/stckqut]
P/E compared to competitors Good

 

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Fair
EPS growth Good
P/E growth Good
EBITDA growth Good
Price growth Good
R&D growth Fair
Income growth Good
Assets growth Good
Return on Assets growth Good
Income / Rev growth Good
TWCA Plus Good
Standard TWCA Good
Weighted ann. stock price increase Good

 

ANALYSIS

Confident Investor Rating Good
Target stock price (TWCA growth scenario) $439.4
Target stock price (averages with growth) $2616.54
Target stock price (averages with no growth) $1332.94
Target stock price (manual assumptions) $463.52

 

The following company description is from Reuters: https://finance.yahoo.com/quote/lrcx/profile?p=lrcx

Lam Research Corporation designs, manufactures, markets, refurbishes, and services semiconductor processing equipment used in the fabrication of integrated circuits worldwide. The company offers ALTUS systems to deposit conformal films for tungsten metallization applications; SABRE electrochemical deposition product for copper damascene manufacturing; SOLA ultraviolet thermal processing products for film treatment; SPEED gapfill high-density plasma chemical vapor deposition (CVD) products; Striker single-wafer atomic layer deposition (ALD) products; and VECTOR plasma-enhanced CVD ALD products. It also provides Flex for dielectric etch applications; Kiyo for conductor etch applications; Syndion for through-silicon via etch applications; and Versys metal products for metal etch processes. In addition, the company offers Coronus bevel clean products to enhance die yield; Da Vinci, DV-Prime, EOS, and SP to address a range of wafer cleaning appplications; and Metryx mass metrology systems for high precision in-line mass measurement in semiconductor wafer manufacturing. The company was founded in 1980 and is headquartered in Fremont, California.

 

Confident Investor comments: At this price and at this time, I think that a Confident Investor can confidently invest in Lam Research Corporation as long as the indicators that I describe in my book The Confident Investor are favorable.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of Lam Research Corporation calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
[s2If current_user_can(access_s2member_level1)]

In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $284.52
  • Growth: 0.2
  • Current EPS (TTM): $15
  • P/E: 20
  • Future EPS Calc: $37.32
  • Future Stock Price Calc: $746.49
  • Target stock price: $463.51

[/s2If]
I hope that this makes you a Confident Investor.