A different subject than usual, and obviously expressing my own opinions.
Cray published their Q4 and 2016 full year results , which gives some insight into the volatility of their business.
Actual results for any future periods are subject to large fluctuations given the nature of Cray’s business.
Revenue in the first quarter of 2017 is expected to be approximately $55 million.
While revenues for Q4 2016 were $346.6M, which are more than half the full year revenues of $629.8M, while Q1 is estimated at $55 million.
As an amateur investor, I would not invest in Cray stock. Volatility and uncertainty are scary.
What I fail to understand is analysts opinion that still rate the stock between Buy to Strong Buy (Closer to Buy). Am I missing something