An investment idea: A basketful of chips.
My portfolio was up 20% for through Feb. 3 despite my largest holding (QCOM) being down nearly 30% YTD. The nice gain was provided primarily by the non-PC chip stocks that I own: AMCC, CNXT, CREE, PMCS, QLGC, RFMD, and TXCC. Virtually ALL of the chipmakers involved in products for the telecom/broadband sector have performed spectacularly YTD. Other I don't own include: BRCM, ANAD, ADI, TXN, TQNT, NSM, ATML, and ADI.
If you do not have some exposure to these stocks, buying a "basketful" will (IMHO) serve your portfolios in good stead. Check the YTD returns for any of the stocks I've listed and you'll see what I mean! |
