
These Are the 5 Worst Tech Stocks to Own
Technical analyst Bruce Kamich of our premium site Real Money has found five tech stocks -- Broadcom Ltd. (AVGO) - Get Report , Lam Research Corp. (LRCX) - Get Report , Micron Technology Inc. (MU) - Get Report , Skyworks Solutions Inc. (SWKS) - Get Report and Symantec Corp. (SYMC) - Get Report -- that are in big trouble.
"Charts and indicators that now suggest they are the weakest [tech stocks] and might be ones you want to check on first if they are in your portfolio," the expert wrote.
Some of his thoughts on each:
Broadcom
"I am seeing enough technical warnings to shoot first and ask questions later," Kamich wrote. Head here to read why.
Lam Research
Kamich wrote that Lam Research might be heading toward a so-called "double-top formation, [and] if we read this correctly, it could mean that Lam Research is vulnerable to a significant decline in the weeks ahead." You can read more here.
Micron
Micron's "weakening chart picture, along with signs of more-aggressive selling, has turned me very cautious now," Kamich wrote. How low does he think the stock can go? Read on.
Skyworks Solutions
This stock closed at $105.76 on Friday, but Kamich said it's in big trouble if it breaks below $95.34. Visit here to see why.
Symantec. Kamich wrote that Symantec's "initial downside price target ... measures to the $23 area." That's well below the $31.03 the stock closed at on Friday. Here's his full analysis.
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This article was written by a staff member of TheStreet.









