Seeking Alpha: Avago Definitely Getting Some Benefit Of The Doubt

A little more than a year ago, I wrote about Avago Technologies (AVGO) and liked the prospects for the stock based both on its strong position in FBAR filters (an important component for handsets) and its under-appreciated positions in areas like fiber optic transceivers, SerDes ASICs, industrial fiber optics, and motion encoders for markets like networking, automation, and so on. In the 14 months since that piece, the shares have risen more than 110%.

I'm not quite as bullish on Avago now, though. I have a positive opinion of the LSI acquisition on balance, but I feel like sentiment has improved at a much greater rate than the long-term business prospects. While I do think Avago can exceed its own targets for reaping benefits from the LSI deal, it would appear that management pretty much has to if the stock is going to remain strong. I do like the newly-diversified Avago's business mix a little more and I think the company can do big things in both wireless and networking, but I think it takes some pretty ambitious assumptions to drive a significantly higher value estimate.

Continue here:
Avago Definitely Getting Some Benefit Of The Doubt

Investopedia: Avago's Beat-And-Raise Speaks To A Strong Story

There aren't too many beat-and-raise earnings stories in the semiconductor space these days, so Avago's (Nasdaq:AVGO) fiscal second quarter report is all the more impressive. Better still, the company not only has a strong position in next-gen smartphones (through its dominance of the FBAR market), but can look forward to recoveries in networking and industrial demand over the coming year. While Avago isn't a shockingly cheap stock today, it looks like a good mix of growth, quality, and value.

To continue, please follow this link:
http://www.investopedia.com/stock-analysis/053013/avagos-beatandraise-speaks-strong-story-avgo-tqnt-aapl-csco-qcom.aspx

Investopedia: Avago Still Advancing

What a difference a sell-off can make. Avago Technologies (Nasdaq:AVGO) has been an interesting chip company for a while now from a business perspective, but not quite so appealing as an investment candidate. With a broad sell-off in the markets in general and chips in particular, now may be one of those relatively rare opportunities to buy up some shares in a quality growth candidate.

A Good Third Quarter  
Chip stocks like Analog Devices (NYSE:ADI) and Microchip Technology (Nasdaq:MCHP) have not been impressing the Street much lately, but Avago stood up and delivered a solid fiscal third quarter performance. Revenue exceeded the top end of the analyst range on 8% sequential growth (and 10% annual growth). Growth was led by wireless (up 10% sequentially), but wired, industrial, and auto all did fairly well and there was no obvious weak point.

Read more through the link below:
http://stocks.investopedia.com/stock-analysis/2011/Avago-Still-Advancing-AVGO-ADI-MCHP-TQNT-AAPL-RFMD-SWKS0825.aspx