Today’s Screen of the Day is Big Cap Leaders. These are institutional quality stocks that are highly liquid and have strong fundamentals. Five Apple (AAPL)-affiliated semiconductor stocks made the screen: Apple chip designer ARM Holdings (ARMH) on Tuesday reported quarterly earnings and revenue that topped views. Royalty revenue jumped 31% on new technology. ARM Holdings has an IBD Composite Rating of 97 out of 99. Qorvo (QRVO) has a 99 Composite
Top-rated Silicon Motion Technology (SIMO) surged nearly 10% on the stock market today, closing the session just 11 cents below a 30.60 buy point from an area of consolidation. The Taiwanese maker of flash memory controllers said Wednesday that its Q1 revenue would be at the top of its forecast. Silicon Motion has a near-best IBD Composite Rating of 98 out of 99. Industry group peer ARM Holdings (ARMH), along with GoPro (GPRO) chip supplier
ARM Holdings (ARMH) received a price target increase Monday, as an analyst expects its chip designs used in enterprise networking and server markets to re-accelerate royalty growth. The Cambridge, England-based chipmaker designs and licenses chip technology that goes into more than 95% of smartphones, including Apple (AAPL) iPhone 6 and iPhone 6 Plus models. Canaccord Genuity analyst Matt Ramsay hiked his price target for ARM Holdings stock to 60