Investing
Watch for Breakouts From These Three Chip Stocks
03/25/08 - 06:54 AM EDT
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PLAY BEAT THE STREET GAME NOW
However, at just 12 times expected 2008 earnings, I believe these concerns are more or less already reflected in the stock price -- especially considering there aren't many signs that the financially challenged AMD is ready to stage a comeback. To further tilt the odds in our favor, I will look for shares to move into the $16 to $18 range before considering a position in Nvidia. SanDisk, Atheros Communications and Nvidia are on TheStreet.com Breakout Stocks watch list. Michael Comeau routinely writes about Breakout Stocks, such as American Apparel APP, Focus Media HoldingsFMCN and Perfect World PWRD, for TheStreet.com.
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