Tag Archives: avgo

5 IBD 50 Tech Stocks With Outstanding Earnings Growth

The IBD 50 is a ranking of leading stocks based on key measures such as earnings and sales growth, profit margins, return on equity and relative price performance during the past 12 months. Here’s a look at five tech-centric IBD 50 stocks with outstanding EPS growth, including Apple (AAPL) supplier Avago Technologies (AVGO): GoPro (GPRO) chip supplier Ambarella (AMBA) , which is currently ranked No. 1 on the IBD 50 list, saw earnings grow 162%

Apple Chip Supplier Avago Tech Spikes On Buyout Talks

Apple (AAPL) iPhone chip supplier Avago Technologies (AVGO) has reportedly approached three peers for acquisition talks, which boosted shares of all parties Thursday. Avago Technologies has targeted Xilinx (XLNX), Maxim Integrated Products (MXIM) and Renesas Electronics (RNECY), according to Reuters sources, who added that the chipmaker could spend more than $10 billion on a potential buyout as it seeks to diversify. The news came out about a half

Ambarella Shakes Sell-Off To Reach Profit Zone

Ambarella (AMBA) has reached profit-taking zone less than one month after clearing its consolidation. The GoPro (GPRO) chip supplier may have worried investors last week, when it sank almost all the way back to the buy point in intraday trade as the entire chipmaker group sold off. Other notable stocks in that group that got hit include Apple (AAPL) chip suppliers Avago Technologies (AVGO), Skyworks Solutions (SWKS) and NXP Semiconductors (NXPI).