California Micro Devices (NASDAQ:CAMD)
The Company designs and sells application protection devices and display electronics devices for high volume applications in the mobile handset, digital consumer electronics and personal computer markets.
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CAMD reported earnings better than concensus a week ago. It is a thinly traded stock that seems to have gotten lost in the volatility and caught in the chip sector bashing. In the coming months they should benefit from the growing handset market. I'm looking for a 10% move from current levels and then sell.
Recs
inventories are down. Also bye out target
Recs
The market for voltage regulators, dissplay drivers and HDMI interfaces is recovering.
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