Merrill Lynch shifts to slightly positive stance on Semis
--Impact Call--Merrill Lynch upgrades the following Semiconductor names to BUY from Neutral: AGR.A, ISIL, MRVL, MXIM, SMTC, TSM, XLNX. Firm believes that valuation is reasonable, if not highly attractive, while low inventory levels and low capital spending will tend to increase the industry's sensitivity to any improvement in demand. Firm also upgrading several stocks to Neutral from Sell: AMCC, ADI, BRCM, CNXT, INTC, PMCS, VTSS.
did ya hold your AMAT ? Yesterday was a good day for profitaking and rebuys.
(hope you didn't get snowed in too bad )
;-) |
