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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (51014)	1/28/2011 7:02:52 PM
From: Donald Wennerstrom	1 Recommendation Respond to of 95487

ASML Spearheads A Resurgent Chip Gear Group By VINCENT MAO, INVESTOR'S BUSINESS DAILY Posted 01/27/2011 06:12 PM ET Since the start of 2011, some of the best-performing stocks recently have come from the chip sector. In particular, semiconductor gear makers have outperformed. Through Wednesday, IBD's Electronics-Semiconductor Equipment group was up 9.5% since Jan. 1. The Electronics-Semiconductor Fabless and Electronics-Semiconductor Manufacturing groups gained 2.7% and 2%, respectively. Earlier this month, chip giant Intel (INTC) said it would raise its capital spending by 73% to $9 billion this year. The news stoked the entire chip space. Dutch chip equipment maker ASML (ASML) is trading near its best levels in more than 10 years. But the stock is extended after multiple tests of its 10-week moving average. Earlier this month, the company blew away views with a 629% surge in fourth-quarter earnings and a 145% gain in sales. Applied Materials (AMAT) has been a longtime laggard since the market's 2009 bottom. Still, it's now at its highest point in more than two years after gapping out of a cup-with-handle base Jan. 14. The company makes not only semiconductor production equipment, but also gear for making flat-panel displays and solar products. Applied will report its fiscal Q1 earnings next month. Analysts see profit bolting 154% to 33 cents a share. Lam Research (LRCX) slipped under a 53.01 buy point in a short consolidation Thursday. Late Wednesday, the company topped views with a 270% pop in fiscal Q2 earnings and a 79% rise in sales. But Lam guided fiscal Q3 EPS to a range of $1.26 to $1.40 vs. analysts' views for $1.47, as it expects shipments to slow. investors.com