I decided to talk this week about Semiconductor stocks. If you have been around awhile trading you probably have gotten burned in the past like in late 2008 by some of these stocks and have shyed away from them as a group. But there is allot of buzz going on right now. Blackstone Group LP (Symbol BX) are offering an IPO of Freescale Semiconductor Inc of 43.5 to 50 Million shares at $22 to $24 dollars per share. Freescale Semiconductor Inc is also part owned by TPG Capital, Carlyle Group and Permira Advisers LLP privately. Freescale Semiconductor is making the chips for Alcatel-Lucent's new lightRadio cubes.
So what can you buy based on fundamentals? Nvidia (NVDA) as mentioned above is good. Altera Corp.(ALTR) and Xilinx Inc.(XLNX) look fine.
Triquint Semiconductor Inc. (TQNT), Skyworks Solutions (SKWS), Qualcomm Inc. (QCOM), and Atmel (ATML) all could find a place in your portfolio.
orporation (LTXC, $8.72). Still a good buy.
If you are looking for a dark horse in this semiconductor area, one pick might be to purchase Marvell Technology Group Ltd., (MRVL, $14.80). Marvel has filed a lawsuit in San Francisco Superior Court against Goldman Sachs and two account executives, alleging Goldman Sachs manipulated the 2008 financial crisis to defraud the two Silicon Valley executives of more than $100 million. Certainly they haven't done a good job promoting the stock.