Tuesday, August 20, 2013

Investopedia: International Rectifier Recovering, But Margins Need To Pick Up

Investors in semiconductor stocks have been waiting for almost two years for signs of sustained (or sustainable) improvements in the industry. Companies as varied as ON Semiconductor (Nasdaq:ONNN), Analog Devices (NYSE:ADI), and International Rectifier (NYSE:IRF) have been showing some signs of progress, though it seems like every quarter's guidance is fraught with uncertainty. While International Rectifier reported a quarter with strong sequential revenue growth and better margins, additional margin and cash flow generation improvement is necessary if this stock is going to continue its recovery.

Read more here:
http://www.investopedia.com/stock-analysis/082013/international-rectifier-recovering-margins-need-pick-irf-ifnny-onnn-stm.aspx

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