This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Companies Helping Apple, RIM Redesign World

Stocks in this article: ATHR ATNI SYNA

BOSTON ( TheStreet) -- The golden era of mobile devices is under way. Apple (AAPL) and Research in Motion (RIMM) are pop icons as much as companies.

Helping cell-phone, smartphone and tablet makers and communications-service providers ride the wave are lesser-known companies. The following are five Under the Radar picks playing their own part in the hottest investment industry.

Atheros: (ATHR) Atheros, whose stock has doubled in the past year, has fallen apart over the past few trading days as equity-market volatility increased and the chipmaker's relentless growth might begin to slow.

Atheros makes wireless chips and semiconductors, which can be found in a range of mobile applications and standard networking components. Apple is among Atheros' clients, using the company's wireless chipsets in its MacBook laptops. Ninetnedo also is a customer. Atheros has a strong balance sheet, creating a solid foundation. Expect this stock to perform well in the coming quarters.

Atlantic Tele-Network: (ATNI) This company specializes in wireless and wire-line communications. Atlantic Tele-Network has a price-to-free-cash-flow ratio of only 11 versus the industry's average of 29.7.

Picking up patches in areas such as the Caribbean and the Midwest has fallen to smaller players like Atlantic Tele-Network. By focusing on regions that are less hotly contested, Atlantic Tele-Network has carved out a niche that has proven to be profitable. The stock has risen 86% in the past year.

Synaptics: (SYNA) Synaptics produces touch-screen technology, which is all the rage. The company's touch sensors and software allow users to control devices with innovative gestures.

With a forward price-to-earnings ratio of 11.7 and a PEG ratio of 0.74, the stock is cheaper than its competitors. The shares have fallen 9.8% this year and 4.8% in the past 12 months. Synaptics' revenue has declined slightly in recent quarters, but the company still beat estimates in each of the past four periods.

Atmel Corp.: (ATML) This little-known company supplies chips for the Apple iPad, according to tech-design consultancy Chipworks. Atmel has taken business from another Under the Radar pick, Synaptics, by supplying touch screens for HTC's new Evo device, according to Lazard Capital Markets.

The past two years have been lean at Atmel. The company lost $27 million in 2008 and $109 million in 2009. Analysts say the company will return to profitability in 2010 with earnings of almost 2 cents a share. The company is expected to boost revenue by 18% to $1.44 billion this year. Investors have taken note: The stock is up 13% this year, the only company in this group to notch a gain in 2010.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs