NXP Is In Buy Range After Blowout Apple Earnings

By | January 28, 2015

Scalper1 News

NXP Semiconductors’ (NXPI) stock got a boost from Apple’s view-topping quarterly results. It’s now in buy range. However, investors should be cautious, as the iPhone chip supplier closed well off its intraday highs as the general market reversed hard. Late Tuesday, Apple (AAPL) reported record iPhone sales for the holiday quarter that topped analyst forecasts. It also blew away analyst estimates for earnings and sales. Apple held onto most of its Scalper1 News

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