Tuesday, May 28, 2013

Investopedia: A Summer Window Of Opportunity For Altera

With chip companies in the analog (like Analog Devices (NYSE:ADI), wireless (like Broadcom (Nasdaq:BRCM), and other spaces reporting relatively unspectacular near-term demand, it's no great surprise or disgrace that Altera (Nasdaq:ALTR) finds itself in the same boat. While the idea that the programmable logic device (PLD) market should be growing about twice as fast as the overall chip market has been flogged for years (probably nearly to the point of death), it's not sparing Altera from the sluggish conditions in the wireless capex, industrial/auto, or networking verticals. Even so, for a stock that has often seemed expensive to me, this could be an interesting window of opportunity.

Read the full piece here:
http://www.investopedia.com/stock-analysis/052813/summer-window-opportunity-altera-altr-xlnx-intc-lscc.aspx

No comments: