Broadcom Corp. (BRCM) is the leading supplier of connectivity combo solutions for Apple (AAPL) mobile products like the iPhone, iPad and iPod Touch, making BRCM a safe derivative to the technology giant’s cycle and a top stock pick in the semiconductor sector, says Betsy Van Hees, Vice President of Equity Research at Wedbush Securities.
“We also believe Broadcom is well positioned in the overall mobile market with its connectivity combo solutions, baseband, WiFi, GPS and other mobile solutions. We also like Broadcom’s position in the cloud computing and wireless/wireline infrastructure buildout with the company’s complete end-to-end solutions for enterprise, data centers and service providers,” Van Hees said.
Van Hees also chooses Cypress Semiconductor Corp. (CY) as a stop stock pick, saying CY is a leading supplier of capacitive-touch products for consumer mobile devices like e-readers, smartphones and tablets. She says capacitive touch has become a pervasive trend in the consumer, industrial and automotive.
“Cypress also has a strong product offering in SRAM — that’s a type of memory that is used in networking and communications products. So as we look at cloud computing and the wireless infrastructure buildout, we think that Cypress is well positioned with products to support these end markets,” Van Hees said.
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