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minor IDT, Fitbit, CenturyLink and UDC news ?2
12:02 23-Jul-18
The most interesting news kicking off the week is that Senseonics
got FDA approval
for its implantable glucose monitoring solution for diabetics.
Sensors seem finally set to become big
business for IDT, as I've predicted, but the 3 month maximum
lifespan of this device leads me to doubt that it will give IDT
any meaningful boost.
It's a start, though, and much more meaningful than Fitbit's
wristband partnership.
I continue to doubt the long-term usefulness of the existing data
hoard there, though the newer devices are better and able to be
put to some questionably
good uses. In the short-term though, I would be surprised if FIT
doesn't see some sort of rebound before competition, and possibly
tariffs,
kick in.
The news should be having more impact, in terms of stock price,
is the introduction
of microLED televisions by Samsung.
OLED shares are rising, as I expected them to, for now, and TADFs
still have a long
way to go. Even so, I think it is only a matter of time
before bad
policy and a different
sort of competition
catches up with America, and UDC may very well wind up being a
poster child for that shift. In the long run, it's all about
which countries provide better infrastructure,
services and environments to nurture growth
in their respective societies in the balance
between business and individual interests. Consequently, my
favorite picks are still high-yielding stocks like CTL which have
global
presence and can use their assets to provide those services,
thereby generating cash flow.