As
a semiconductor stock with strong ties to the smartphone/tablet
market, Avago
(Nasdaq:AVGO)
has been a part of that favored group of chip stocks ((which includes
Qualcomm
(Nasdaq:QCOM)
and Skyworks
(Nasdaq:SWKS))
that has generally outperformed its peers. Not only did Avago deliver
growth in a tough quarter, but smartphone wins could make 2013 a
strong year as well. Betting on better conditions for chip stocks has
been a losing bet for most of 2012, but Avago remains a name worth
knowing for more risk-tolerant investors.
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