This Day On The Street
Continue to site
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

5 Suppliers To Watch In Light Of Apple Stock Decline

3. Skyworks Solutions Inc. ( SWKS): Together with its subsidiaries, offers analog and mixed signal semiconductors worldwide. Market cap at $3.98B, most recent closing price at $20.50.

Skyworks is now valued at 8.4 times its FY14 earnings per share estimates. In November 2012, the company authorized a stock buyback program totaling $200 million, or 5.1% of its outstanding shares. Earlier that month, Skyworks fell because it forecast revenue of $450 million, and earnings of $0.54 per share in Q1.


4. Avago Technologies Limited ( AVGO): Engages in the design, development, and supply of analog semiconductor devices worldwide. Market cap at $8.31B, most recent closing price at $33.87.

Avago Technologies was estimated by Barclays to earn between $2.40 and $2.70 per iPhone 5 unit sales, close to the $3 per phone earned by Skyworks. The $8.31 billion company rebounded from the $31 low in December, but is still below its $37-level made in August 2012.


5. Micron Technology Inc. ( MU): Engages in the manufacture and marketing of semiconductor devices worldwide. Market cap at $7.77B, most recent closing price at $7.60.

Micron supplies memory for Apple, but it also makes PCM, or phase-change memory chips, for Nokia (NOK). The chip gives better performance than NAND flash memory. Data is not lost when the power is lost. In its Q1, Micron reported weak DRAM sales, but this was due to the weak PC market.

Further Analysis 

Valuation will matter. So will forward P/E, debt ratios, and past quarterly sales: 



Written by Kapitall's Chris Lau

2 of 2

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
Only $9.95
14-Days Free
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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%
TSLA $162.60 0.00%
YHOO $27.97 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs