Lagging 2016 iPhone sales could slug shares of Apple (AAPL) chip suppliers Avago (AVGO), Qorvo (QRVO) and Skyworks Solutions (SWKS) while an on-the-cusp PC refresh might buoy Intel (INTC), MKM Partners found in a recent survey. Of 1,467 Americans surveyed, 19% said they planned to purchase a PC in the next three to six months vs. 17% last year. Only 24.8%, however, are on the smartphone hunt, down from 27.6% last year. ‘Samsung Losing, Apple Not
Apple (AAPL) chip supplier Avago Technologies (AVGO) shifted a senior executive Monday and eliminated his position. Wall Street largely yawned Tuesday and Avago stock was flat in early trading on the stock market today. Effective Nov. 2, Brian Ingram will become Avago’s senior vice president and general manager of the company’s wireless semiconductor division — the segment that manages Avago’s iPhone chip. Ingram’s chief operating officer position
A flash in the pan is exciting, but great stocks tend to have a great track record of earnings and sales. Today’s Screen of the Day is Top Fundamentals, that is, companies with three-year EPS and sales growth rates of at least 25%. Below, we’ll look at four tech stocks with stellar fundamentals: Apple (AAPL) supplier Avago Technologies (AVGO), Facebook (FB), Palo Alto Networks (PANW) and Regeneron Pharmaceuticals (REGN). Avago Technologies Buying