With Apple (AAPL) expected to debut a new iPhone and maybe a Siri voice-enabled Apple TV next Wednesday, key chip-supplier stocks could win or lose — though with the market in correction, most stocks are under pressure. Avago Technologies (AVGO) and Ambarella (AMBA) are two chip stocks highly rated by IBD. Power amplifier technology from Avago and Skyworks Solutions (SWKS) turned up in the iPhone 6 generation, along with gear from NXP
Looking ahead to the next bull market, Facebook (FB) and Apple (AAPL) chip supplier Avago Technologies (AVGO) are among the highly rated stocks that are well placed to soar when conditions improve. Not that they won’t fall when the market corrects. That’s why corrections are fine times to push money to the sidelines and create watch lists. It’s important to focus on newer companies like these because IBD research repeatedly shows that stocks tend
It was a wild, wild week for the stock market. But the elite IBD 50, down as much as 12%, closed Friday up 1.8%. Facebook (FB), Apple (AAPL) iPhone supplier Avago Technologies (AVGO), Celgene (CELG) and the IBD 50’s other most liquid stocks — based on average dollar volume — all finished higher, trading just above or below the 50-day moving average, a key support level. But while these stocks are acting well, investors should remember that the