This Top Chipmaker Is Very Close To A Buy Point

By | April 8, 2015

Scalper1 News

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 Scalper1 News

Scalper1 News