Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM)

Rev $168.0M Gaap eps were - $0.06 for Q compared to $0.2 prior yr Q Margin for the Q gross margin was 13.5% 1.180 baisis points worse than prior yr Q net margin was 11.5% 700 base points worse than prior yr Q

outperform

Good leadership, unique position in their market, increasing earnings

TowerJazz Presents Second Quarter 2011 Financial Results: Highest Revenue in ...

semis

tsem worth 2-3$

got to a support price level

The stock will be at least 4 within a year

Banking on increased demand in the tech sector, anticipated growth, good numbers

Very Hot Sector

Turning point was passed FPE at 2.5. EPS aroung 0.60-0.70 for 2011-2012.
Stock at only 1.54.

Taken from The Street. Independent specialty foundry Tower Semiconductor is dedicated to the manufacture of semiconductors. Year-to-date, TSEM has jumped +43%, compared with much smaller gains by the broader markets. In its last income statement, Tower reported a year-over-year quarterly revenue growth of +69%. Currently, Tower trades at $1.29, with a 52-week range of 93 cents to $1.87. Consider buying this inexpensive stock now while it's still at the low end of its range and approaching new highs.

- Record revenue of $134.7 million, growing 69% over third quarter last year and 7% QoQ.

- GAAP net profit with strong growth in operating profit; increased non-GAAP operating profit to $46 million with operating margins of 34 percent, as compared to $13 million and 16 percent in Q3 2009, respectively; GAAP operating profit increased to $18 million with operating
margins of 13 percent.

- Record EBITDA of $46 million growing 3X over third quarter last year and 10 percent over Q2
2010;

- Significantly improved balance sheet and capital structure having reduced and restructured $400 million of debt.

- Increased cash-balance to $88 million, as compared to $52 million as of end of Q3 2009 and increased shareholders' equity to $102 million.

- Guiding for revenues of $133-137 million in Q4 2010; exceeding the stated $500 million revenue target for 2010.

has shown growth 2008 -2010 when other semi fabs struggled during recession.forward p/s is .7. If they can acheive taiwan semi -like margins of 30%.. this is a steal. Sizable debt 355 mil , cash 80 mil. revenue growth has been impressive. let's see if they keep it up. Israeli company.

The key to Tower's growth are their design wins. In 2009 about 90 wins quarter.In ,2010, 120 design wins a quarter. It takes a year and a half to two years to translate the design wins in to production run (sales).Expect high growth greater profit and going forward.

Tower's connection to Canesda(company just bought by Microsoft) puts Tower in an excellent position to profit from Microsoft's success in the gaming market (new Kinnect add on for Xbox.

Solid pick that has hit a rough patch.

This stock is a monster soon to explode. Read up on its latest news from the last few months if you're not a believer, including its last earnings report from May 12.

growth revenue from 250 mil in 08 to 298 mil in 09 and % of growth of 18% this stock is absolutely outperform

Increasing requirements for custom semiconductor orders imply a growing demand for specialized fab services dedicated to serving companies without the capital to invest in a manufacturing facility. With the wide variety of processes available at both the US and Israeli sites it seems like this is likely to be a sought after vendor for production services.

I was skeptical at first but after reviewing this stock for some time now I am convinced that this is the next big thing. I agree with the other posters. This is hot especially with the newly found semiconductor rally.