Stockpickr
Top 10 Stocks With Big Insider Buying, Buybacks
02/28/08 - 11:48 AM EST
Suji de Silva from Kaufman Bros Equity Research remains positive on Cypress' stock, "Our core thesis of secular mix and restructuring improvement remains intact, despite the weaker fundamental outlook, and we continue to see a potential divestiture of the SPWR stake as a potential catalyst for the name. We maintain our buy rating, reflecting the significant upside in Cypress's core semi business." We also like a see that hedge fund Third Point holds Cypress stock. The $5.5 billion fund, founded in 1995 by Daniel Loeb, focuses on activist investing. It also invests in NYSE Euronext NYX and Mirant MIR stock. It's also good to see that D. E. Shaw owns Cypress stock. The $25 billion investment firm takes a global approach with its investments. It also holds shares of global video-game publisher who rocketed 55% this Tuesday, Take-Two Interactive TTWO and biotech company Biogen Idec BIIB. So with Cypress we have a buyback, decent earnings, a buy rating, and two well-known investors in the stock. It might be time to take a closer look at this chipmaker. For more stocks and analysis, check out this week's Top 10 Insider Purchases and Buybacks at Stockpickr.com. For the 10 most recent portfolios, check out:
- Top 10 Insider Purchases and Buybacks XXXII
- Top 10 Insider Purchases and Buybacks XXXIII
- Top 10 Insider Purchases and Buybacks XXXIV
- Top 10 Insider Purchases and Buybacks XXXV
- Top 10 Insider Purchases and Buybacks XXXVI
- Top 10 Insider Purchases and Buybacks XXXVII
- Top 10 Insider Purchases and Buybacks XXXVIII
- Top 10 Insider Purchases and Buybacks XXXVIX
- Top 10 Insider Purchases and Buybacks XL
- Top 10 Insider Purchases and Buybacks XLI
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