SKYWORKS SOLUTIONS, INC. 
Strong fundamentals and an opportune entry point as arguments.
The firm’s excellent Surperformance rating underlines its revenue growth, its profitability and its sound finances. In addition, there is a strong buyer consensus whose average target price is now displaying a 39% upward potential. Finally, financial forecasts are very encouraging and the recent drop in prices has made the P/E ratio very attractive.
Graphically, the long term trend remains bullish. Following record high in the USD 110 zone, the stock has collapsed toward the USD 86 area. This latter gathers a support, a trend line and a rising weekly data moving average.
Consequently, investors may open a new long position at current prices and target reversal toward the USD 96.7 resistance. A stop loss order will be set at USD 80.5.
Skyworks Solutions, Inc. : Solid financials and growth forecasts
August 19, 2015 at 09:51 am EDT
By Florian Girard
By Florian Girard
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| Entry price | Target | Stop-loss | Potential |
|---|---|---|---|
| $85.7 | $0 | $80.5 | -100% |
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