Semiconductors are on the way back in 2012, but timing is still a major factor in making these investments work. Silicon Labs (Nasdaq:SLAB) is a frustrating case in that regard. While few (if any) chip stocks have a better near-term organic growth story, the stock has already been on a solid run since the fall of 2011. While further multiple expansion is possible, recent performance may be tough to replicate.
A Stronger Close to the Year than Most
While most chip stocks are reporting a washout December quarter, Silicon Labs had the impertinence of reporting actual growth. Revenue rose 6% from the third quarter, as relatively strong results in video tuners and touch controllers drove results above even management's flat guidance.
To read more, follow the link below:
http://stocks.investopedia.com/stock-analysis/2012/Silicon-Labs-Has-A-Great-Growth-Story-But-Has-Already-Run-SLAB-ATML-CY-TXN0127.aspx
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