Fast Money's Chip Trade Portfolio - Stockpickr! Your Source for Stock Ideas

Fast Money's Chip Trade

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Created by barrons3

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Date updated:09-02-2009

FBR Capital senior analyst Craig Berger gave an optimistic prognosis for tech in the fall. He said the tech channel is showing "all-time lean inventories," a downstream shortage and price hikes on very cheap capacitors and other cheap management chips.

MRVL
Marvell Technolog
$15.66
+0.32%
$15.60

Berger's top play in the chip space is Marvell Tech (MRVL). Their gross margins are at seven-year high and the company is doing a good job cutting costs during the second quarter. As a result I’ve raised my price target on this stock to $20.

People owning MRVL also tend to own: AIG BA C CPWR DIS FWLT GS

TheStreet.com Rating: C What is this?

MSCC
Microsemi Corpora
$15.43
-1.78%
$15.62

Other stocks worth a look include Microsemi (MSCC) and Fairchild Semi (FCS) Beger says, for valuations.

People owning MSCC also tend to own: ADCT GGG BA BAC BKUNA BTI BWP

TheStreet.com Rating: C What is this?

FCS
Fairchild Semi In
$8.07
0.00%
$N/A

Other stocks worth a look include Microsemi (MSCC) and Fairchild Semi (FCS) Beger says, for valuations.

People owning FCS also tend to own: ALU BP CSCO ETFC INFA INTC LVLT

TheStreet.com Rating: D+ What is this?

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Q. In updating today's Stocks With ...

11.25.09 | 18:11 PM Asked by Stockpickr Staff #2

A. Only a guess but the fate of the company
seems as though it is subject to the
outcome of a court ruling which could
very well be based political forces in
play . . . no different than how GM had
been manhandled when it was revamped by
the Obama administration. . . Thought
being that the puts represent someone
from one side or the other feeling
secure in their 'bet'.

Having said that, with a high debt
ratio, having such an extremely high run
up in stock price in the past 12 months
and good news baked in on the
possibility that a military contract may
be in hand, to short does not appear,
imo, to be wildly out of favorable
consideration. . . if only for a small
wager.