Stock Alert: FCS, ONNN, POWI
by Harris Roen, Editor
Roen Financial Report
Monday, October 13, 2014
Today’s Alert:
Fairchild Semiconductor International (FCS)
ON Semiconductor Corp (ONNN) (ONNN)
Power Integrations Inc (POWI)
Alternative energy stocks took a hit along with the rest of the stock market last week, with losers outpacing gainers 9:1. These three semiconductor companies got slammed in particular due to sector-wide inventory worries.
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| Fairchild Semiconductor drops 15% on large one-day volume, now down 7% for the year. We consider Fairchild to be Undervalued. | Emerging Markets |
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| ON Semiconductor Corp falls 11% to a 10 month low on large volume. ONNN is still up for the year, and we consider the stock to be Undervalued. | The Street |
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| Power Integrations drops 11% on the largest volume since August. The stock is down 17% for the quarter, and remains 33% off its highs reached in March. We advise caution with this speculative stock, but Forbes considers it oversold. | Forbes |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
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