The semiconductor stocks have pulled back hard even as they continue to report blow-away quarters. Skyworks Solutions (NASDAQ: SWKS) beat analyst estimates, and showed continued strong prospects for the future, especially as the mobile phone and tablet markets grow rapidly. Triquint Semi (NASDAQ: TQNT) and ON Semi (NASDAQ: ONNN) have yet to report earnings. However, these stocks trade at relatively low PE ratios compared to their peers, even though they are central to the growth in mobile devices.
To read the full Skyworks report click here.
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