With Apple (AAPL) expected to debut a new iPhone and maybe a Siri voice-enabled Apple TV next Wednesday, key chip-supplier stocks could win or lose — though with the market in correction, most stocks are under pressure. Avago Technologies (AVGO) and Ambarella (AMBA) are two chip stocks highly rated by IBD. Power amplifier technology from Avago and Skyworks Solutions (SWKS) turned up in the iPhone 6 generation, along with gear from NXP
Looking ahead to the next bull market, Facebook (FB) and Apple (AAPL) chip supplier Avago Technologies (AVGO) are among the highly rated stocks that are well placed to soar when conditions improve. Not that they won’t fall when the market corrects. That’s why corrections are fine times to push money to the sidelines and create watch lists. It’s important to focus on newer companies like these because IBD research repeatedly shows that stocks tend
Tech stocks fell broadly Tuesday as the S&P 500 index headed down 3% and the Nasdaq almost as much amid worries about slowing growth in China, Europe and the U.S. Apple (AAPL) stock was, as usual, one of the top techs in the volume of shares trading hands, almost 77 million, while solar company SunEdison (SUNE) traded 51 million shares and Microsoft (MSFT) 49.7 million. Apple stock fell 4.47% and Microsoft 3.91%, while SunEdison stock gained