TriQuint Semiconductor (TQNT)

turbulenceglider (< 20) Submitted: 4/11/08 8:28 PM : Start Price: $5.30 TQNT Score: -23.55

This follows a close match to the Fool's picking strategy. They are a small cap, stock price around ~5, with good prospects for growth. If one thinks that the market for wireless devices around the globe will keep expanding, not just cell phones, but also WiFi access points and anything that uses RF wireless chips, then TriQuint is well poised to grow as well, since they have amongst their clients Nokia and Ericsson. Their R&D budget has increased steadily since '05, a very healthy sign. They are investing to improve their RF chips, as they should if they want to be in the lead. Financially, one of the best signs is that their estimated EPS growth for this year and the next are both above 40%, and with their current EPS at 33 or so, i.e. a PEG ratio of 0.8, this signals a possibly undervalued stock.

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