Apple Supplier Skyworks Leads 4 Basing Chip Stocks

By | May 4, 2015

Scalper1 News

The Semiconductor-Manufacturing group is ranked No. 12 out of the 197 industry groups that IBD tracks, and top stocks typically come out of the top quartile of IBD’s groups. Four big-name chipmakers in the group are building bases. It’s important to watch stocks that are building bases because those are the ones that present a buying opportunity if a breakout occurs. Skyworks Solutions (SWKS) is working on a flat base with a 102.87 buy point. It’s Scalper1 News

Scalper1 News