NEW YORK ( TheStreet) -- For many investors 2012 will be remembered as the year that chips got eaten. With a few exceptions such as Qualcomm (QCOM - Get Report), one can point to any name within the group and present a legitimate argument of why that stock might be undervalued. Avago (AVGO - Get Report) would make my list.Although the company is not as highly regarded as other names such as Broadcom (BRCM - Get Report), Avago enjoys similar advantages, including having strong ties in the mobile devices market where two of its biggest customers are Apple (AAPL - Get Report) and Samsung. And after delivering a strong fourth quarter, investors would be wise to place this stock on their short lists of outperformers for 2013.
Avago Remains Undervalued
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