Gold prices slipped Friday by enough to hit a fresh 9-month low intraday and fatten a roughly 2% drop for the week after the dollar index notched its highest reading in over a decade.
the best shares to buy now: Avnet, Inc.(AVT)
- [By Lisa Levin]
Tech Data Corporation (NASDAQ: TECD) reached a deal with Avnet, Inc. (NYSE: AVT) enabling it to buy the latter's Technology Solutions business. The transaction comprises cash component of $2.4 billion and 2.785 million shares of Tech Data resulting in a total value of about $2.6 billion.
the best shares to buy now: Skyworks Solutions, Inc.(SWKS)
- [By Lisa Levin]
Shares of Skyworks Solutions Inc (NASDAQ: SWKS) got a boost, shooting up 12 percent to $87.70 after the company reported upbeat results for its first quarter and issued a strong outlook for the second quarter. The company also announced a $500 million buyback plan.
- [By Arie Goren]
Semiconductor companies have done very well in the last year. In fact, in the last 52 weeks, the average price change for the sixteen semiconductor stocks which are included in the S&P 500 index was 35.62%. In this period the price change of the S&P 500 was 11.94%, and of the Nasdaq Composite Index was 8.99%. Moreover, only two S&P 500 semiconductor companies Skyworks Solutions (NSDQ:SWKS)and First Solar (NSDQ:FSLR)have seen their stock prices decline in the last 52 weeks.
- [By Brian Feroldi]
Investing in the tech sector can be tricky. Competition tends to be fierce, which makes it difficult to stay one step ahead. Two companies that have a strong history of maintaining their edge are Skyworks Solutions(NASDAQ:SWKS)and Infinera(NASDAQ:INFN). Both of these businesses have been taking market share in their industries for years, which is impressive. But which of these two tech companies is the better investment today? Let’s review the bull thesis for each company so we can make an informed decision.
- [By WWW.MONEYSHOW.COM]
We also favor Skyworks Solutions (SWKS), a previous winner in our model portfolio which is expected to end its recent earnings slump in 2017 following the Apple (AAPL), long a staple among our stock picks, has just spurted ahead again. Once as high as $132, it slumped to $90 in 2015 on growth skepticism.
- [By Andrew Tonner]
One of the best ways to invest in broad-based movements such as the IoT is by buying shares in the companies that supply the hardware and infrastructure powering the trend — such asSkyworks Solutions (NASDAQ:SWKS) and NXP Semiconductor (NASDAQ:NXPI). Let’s dig into each company to see what makes them two of the top IoT investments on the market today.
- [By Ben Levisohn]
Skyworks Solutions (SWKS) soared to the top of the S&P 500 today after beating first-quarter earnings forecasts, and offering above-consensus second-quarter guidance.
Skyworks Solutions gained 13% to $88.67, while the S&P 500 rose 0.3% to 2,271.31.
Oppenheimer’s Rick Schafer and team argue that Skyworks’ “growth [is] back on track.” They explain:
We expect Skyworks to deliver above-market growth driven by 1) continued smartphone content gains; 2) China share gains through strengthening baseband partnerships and demand for integrated (vs. discrete) RF solutions; 3) seasonal uptick at Samsung; and 4) continued double-digit RF complexity increases. With its “one-stop-shop” systems-level approach, we seeSkyworks uniquely positioned to benefit from rising RF content. We reiterate Outperform and raise PT to $105 from $100.
Skyworks Solutions’ market capitalization rose to $16.5 billion today from $14.6 billion yesterday.
the best shares to buy now: Galapagos NV(GLPG)
- [By David Zeiler]
Bill Patalon’s initial stock pick was Galapagos NV (Nasdaq ADR: GLPG), a Belgian biotech company.
Patalon was attracted to Galapagos’ strategy to target “orphan diseases,” afflictions that strike rarely and so often go ignored by the Big Pharma companies. He also liked that Galapagos had more than 50 drug discovery programs underway, and that it already had licensing agreements with several bigger players in the industry.
the best shares to buy now: Grupo Aeroportuario del Centro Norte S.A.B. de C.V.(OMAB)
- [By Paul R. La Monica]
It even owns shares of several airport stocks — including Mexico’s Grupo Aeroportuario del Centro Norte (OMAB) and Grupo Aeroportuario del Sureste (ASR).