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
Brean Capital Markets raised estimates and price targets on two top-rated chipmakers Thursday, saying that industry concerns are offset by a good-looking Q1 from Apple (AAPL). Analyst Mike Burton lifted his price target on Qorvo (QRVO) to 95 from 85 and on Skyworks Solutions (SWKS) to 110 from 92 after talking with a number of companies across the supply chain. “We’re raising our March Q estimates slightly as we believe Apple iPhone sales are
When it comes to stocks, it’s often size or speed. But, to quote “Trading Places,” — Can’t we have both? IBD’s Screen of the Day is Big Cap Leaders. It includes liquid, large-cap stocks with a strong record of earnings growth. Let’s meet the top five*. All of them boast robust share gains in recent months. But are any of them in buy range right now? Qorvo Sees China Growth Qorvo (QRVO) is the result of a merger of RF Micro Devices, Triquint