Category Archives: SPD

Stock Pick of the Day

TriQuint Semiconductor Inc (TQNT)

Today’s stock pick of the day is TriQuint Semiconductor Inc (TQNT) TriQuint has been up 9.92% over the past month and is up 67.49% YTD. This stock still has plenty of upside, with projected next quarter earnings looking to $0.12 a share and a revenue set to increase almost 6% quarter over quarter. TQNT is looking to return to solid profitability in 2014. Look for this to take off with the increase in demand for mobile devices.

TQNT is sitting at a solid support level now at a little shy of $8.00. I expect no resistance until about $9.00 per share, then again at $9.50

TriQuint Semiconductor Inc

TriQuint is a supplier of chips for radiofrequency solutions both active and passive. They have done quite well over the course of the mobile revolution. As more and more mobile/wireless devices come to the market, TQNT is posed to do even better. They also have some clients out of what people think of as the mobile space, they also make devices for satellite comminications, electronic warfare and navigation for military applications.

Disclaimer: I currently do not hold the above mentioned investment. I may be looking to add to a position in the above mentioned investment, within the next 30 days. I am not looking to take a short position in the above mentioned investment within the next 30 days.

Intel Corporation (INTC)

Today’s Stock Pick of the Day is Intel Corporation (INTC) . I have been quite bullish on Intel, despite all of the news of the declining PC market. Intel has been positioning themselves to be able to succeed in mobile moving forward. They have the leg up when it comes to manufacturing technologies, that no other competitor really has. They have a current analyst recommendation of 2.68 with 39 out of 47 analysts having it at a hold or better.

Last week Intel was up 4.15%, and 20.37% YTD. They just passed their dividend pay date at 3.63%. Their 4th quarter earnings are currently expected after market close on January 15, 2014, with a ~1.5% revenue growth over the previous quarter.

From a technical analysis Intel may have a little resistance as it seems as if it is making a multi-top, and an RSI of 62.89. Look for this stock to breakthrough the $25 resistance level, then settle back down. Below is a chart of INTC.

Intel Chart;

Disclaimer: I currently hold the above mentioned investment. I am not looking to add to my current position in the above mentioned investment, within the next 30 days. I am not looking to subtract from my current position in the above mentioned investment within the next 30 days.