In theory, the price of a stock should be irrelevant to its prospects. In practice, though, there are always investors looking for low-priced stocks that could significantly boost the returns in their portfolio. Although we strongly urge investors to avoid the penny stock casino, there are some single-digit stocks that could be worth a further look.
Atmel (Nasdaq:ATML)
Investors had to wait quite a while for this long-struggling chip stock to get moving, but it has done quite well so far this year. While expectations may have gotten ahead of reality in the short term and there could be some inventory risks in the company's industrial and automotive business segments, there is a lot to like about this company. Not only does the company have a good microcontroller business, but the company's maXTouch product for touchscreens has done well with customers like HTC, Samsung and Motorola (NYSE:MOT). Touchscreens are here to stay, and that could vault Atmel back into the ranks of a growth semiconductor company.
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http://stocks.investopedia.com/stock-analysis/2010/Single-Digits-But-Not-Growth-Midgets-ATML-SEAC-FSII-LSCC-PIR-DIS-MOT1007.aspx
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