Skyworks Solutions (SWKS)
<b>Skyworks Solutions</b> (<a href=http://www.zacks.com/stock/quote/swks>SWKS</a>) is well positioned to benefit from recent trends in the handset market, which are favorable for increasing dollar content for RF components. <p> There is a significant growth opportunity in the handset markets propelled by the launch of 3G networks in China. The company has tie-ins with major OEMs that underscore its success in gaining market share. The company is also making good progress in the linear business with WLAN wins at Intel and Broadcom. <p> Results for the December quarter were better than expected, with earnings per share beating the Zacks Consensus Estimate. Management provided a strong forecast for the coming quarter. Our long-term recommendation for Skyworks is Outperform.
March 9, 2010 | Filed Under Stock Picks
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