Tag Archives: avgo

4 Hot Young Chip Stocks As Market Resumes Uptrend

The amount of personal electronics that need semiconductors has expended greatly over the past 15 years, and so have the number of chipmakers. Avago Technologies (AVGO) is among top chipmakers on IBD’s Young Guns Screen Of The Day. The screen lists companies that launched their initial public offerings in the last 15 years. Companies typically post huge gains in their early years, so investors should be on the look out for up-and-coming companies.

Micron, Nvidia Get Lift From Bullish Chip Report

Chip stocks got a boost Monday from a positive report by RBC Capital Markets analyst Doug Freedman. He upgraded five semiconductor stocks to outperform from market perform: Altera (ALTR), Broadcom (BRCM), Micron Technology (MU), Nvidia (NVDA) and Texas Instruments (TXN). Freedman also raised his price targets on the five stocks. And he reiterated his outperform rating and raised price targets on five other chip stocks: Avago Technologies (AVGO),

Avago Technologies Said Still A Strong Apple Supplier

Avago Technologies (AVGO) stock, trading near its all-time high, rose Wednesday, as investment bank Canaccord Genuity raised its price target to 76 from 65. Avago’s radio frequency, or RF, chips are used in smartphones from market leaders Apple (AAPL) and Samsung, among other mobile device companies, Canaccord analyst Michael Walkley wrote in a research note Wednesday. ” … as evidenced by recent tear-down reports, we anticipate strong RF content