This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

3 Apple Suppliers Set to Shine on Investors

(Updates to provide additional Apple suppliers in third paragraph.)

NEW YORK ( TheStreet) -- Apple recently (AAPL - Get Report) released its full list of suppliers, offering investors a valuable insight into the gadget maker's key component partners.

Apple's first-quarter earnings report, which comes after the close on Jan. 24, could therefore benefit suppliers such as Tri-Quint Semiconductor (TQNT), Multi-Fineline Electronix (MFLX - Get Report) and Skyworks Solutions (SWKS - Get Report), say analysts.

Qualcomm (QCOM), Broadcom (BRCM) and Sony (SNE) have benefited greatly from their relationship with Apple.

Multi-Fineline Electronix

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Circuit board specialist Multi-Fineline Electronix is one of the first Apple suppliers to have reported preliminary earnings, putting out exceptionally strong results.

Last week the company reported first-quarter revenue of $239 million, well above the $221.7 million analysts had been expecting, according to Yahoo! Finance. Wall Street analysts expect the company to report earnings of 36 cents per share in earnings, when it reports actual results on Feb. 9.

The company now sees sales of about $239 million, above the Street estimate of $215.6 million. Prior guidance had been for $200 million to $230 million in revenue.

Shares of Multi-Fineline Electronix jumped last week with the initial results, and company said it expects "customers A, C and D to represent approximately 5 percent, 66 percent and 27 percent, respectively, of net sales." It is widely believed customer C is Apple, and any continued strength from the tech giant may benefit Multi-Fineline going forward.

Over the past year, shares of Multi-Fineline have lost 7.5%, according to Google Finance.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!
SYM TRADE IT LAST %CHG
AAPL $129.09 0.00%
MFLX $19.08 -1.90%
TQNT $71.53 6.43%
SWKS $88.89 -2.50%
FB $79.34 -0.51%

Markets

DOW 18,191.72 -96.91 -0.53%
S&P 500 2,108.66 -8.73 -0.41%
NASDAQ 4,981.4880 -26.6080 -0.53%

Partners Compare Online Brokers

Free Reports

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