Broadcom Could Jump 40% on Growing Smartphone Market - Barron's - SA Editor Rachael

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Broadcom Could Jump 40% on Growing Smartphone Market - Barron's
Aug 17, 2008 10:06 AM UTC

SA Editor Rachael

Return	Risk
-81.28%	LOW

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Symbol	Sentiment	Start	Return	Closed
APPL	n/a
BRCM		08/17/08	-3.66%	--
NTGR	n/a
MOT	n/a

Via Long Investment Ideas from Seeking Alpha:

Broadcom (BRCM), a cutting-edge chip maker specializing in "system-on-a-chip" semiconductors and multimedia software applications, has provided chip technology for Apple's (APPL) new iPhone, Motorola's (MOT) cable set-top boxes, Netgear's (NTGR) wireless routers, and Bluetooth, among other major names in the field. The company, emerging as an aggressive competitor in the market for smartphones, has the potential for a 40% surge in share price according to Barron's Sandra Ward.

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