Hittite Ancient History or Modern Technology?
This morning I was checking for stocks that would be going ex-dividend on February 28th and I happened on Hittite Microwave Company (HITT). It is a fabless semiconductor company with an eye catching, charming company logo inspired by cuniform writing. http://www.hittite.com Talk about branding with name recognition and a sense of history! I first ran into the ancient, warlike Hittites in Sunday School than later on in History of Civilization.
Appropriately enough, Hittite Microwave Company serves the defense industry, but the "microwave" part of their name comes from their Monolithic Microwave Integrated Circuits (MMIC). Right now HITT is trading near 57 closer to its low of 52 rather than its high of near 67.
Hittite's annual dividend yield is 1.05% so it may not appeal to dividend investors, but if one is looking for an small cap semiconductor company with a special market niche Hittite might be a good chariot to hitch to. My portfolio currently has a few other semis already in the stable (TSM, XLNX, and BRCM) so I probably won't be buying this particular chariot at this time, but I thought I'd mention it.