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Zacks' Voice of the People highlights opportunities with Semiconductor Holders Trust, Lam Research, Skyworks Solutions and Texas Instruments

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October 06, 2011 | Comment(s): 0
Recommended this article (6)
SMH | LRCX | SWKS | TXN

For Immediate Release

Chicago, IL – 10/06/2011 – Zacks highlights commentary from People and Picks Trader inthemoneystocks.

For more Voice of the People, visit http://at.zacks.com/?id=5851

Featured Post

Semis Bounce, but Signal Further Declines

Yesterday afternoon, many of the semiconductor stocks were trading in positive territory. This is usually considered a positive for the NASDAQ Composite and the major stock indexes. The Semiconductor Holders Trust ( SMH) was trading higher by 0.07 cents to $26.25 a share.

The bounce in the SMH is somewhat feeble when you think about it. There looks to be a much better support level around the $25.00 for the SMH.

Some leading semiconductor stocks that were trading higher include Lam Research Corp ( LRCX - Snapshot Report), Skyworks Solutions Inc ( SWKS - Analyst Report) and Texas Instruments Inc ( TXN - Analyst Report). All of these leading stocks are showing some strength; however, it really looks to be just a technical bounce from an oversold condition. In other words, the small bounce does not seem to have much institutional sponsorship behind it.

 About the Zacks Community

In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957

About Zacks

Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Len Zacks. As a PhD from MIT Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros.  In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.

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Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.

Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.

Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.

Contact: Brent Billock
People & Picks Manager
Company: Zacks.com
Phone: 312-265-9307
Email: pandp@zacks.com
Visit: www.Zacks.com

Read the full analyst report on SMH

Read the full analyst report on LRCX

Read the full analyst report on SWKS

Read the full analyst report on TXN

 

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