Jefferies & Co. Analyst Bullish on These Tech Stocks

Jefferies & Co.’s technology analyst Mark Lipacis is bullish on Cisco Systems‘ (NASDAQ:CSCO) stock following its Q1 fiscal report.  Other companies he favors include: Broadcom (NASDAQ:BRCM), Marvell Technology Group (NASDAQ:MRVL), Avago Technologies (NASDAQ:AVGO), Altera (NASDAQ:ALTR), Inphi (NYSE:IPHI),  PMC-Sierra (NASDAQ:PMCS), ON Semiconductor (NASDAQ:ONNN), and Texas Instruments (NYSE:TXN).

Following is some information about these companies’ stock price performance.

  • Cisco Systems (NASDAQ:CSCO): The shares recently traded at $18.88, up $1.27, or 7.27%, on the day.  The shares have traded in a 52-week range of $13.30 to $24.51 and its market capitalization is $101.34 billion.   About the company: Cisco Systems, Inc. supplies data networking products for the Internet. The Company’s Internet Protocol-based networking solutions are installed at corporations, public institutions and telecommunication companies worldwide. The Company’s solutions transport data, voice, and video within buildings, across campuses, and around the world.
  • Broadcom (NASDAQ:BRCM): The shares recently traded at $34.23, up $0.18, or 0.5%, on the day.  The shares have traded in a 52-week range of $30.71 to $47.39 and its market capitalization is $18.45 billion.  About the company: Broadcom Corporation provides integrated silicon solutions that enable broadband digital data transmission of voice, data, and video content to the home and within the business enterprise. The Company designs, develops, and supplies integrated circuits for cable set-top boxes, cable modems, high-speed networking, direct satellite and digital broadcast, and digital subscriber line.
  • Marvell Technology Group (NASDAQ:MRVL): The shares recently traded at $14.48, up $0.37, or 2.62%, on the day.  The shares have traded in a 52-week range of $11.23 to $22.01 and its market capitalization is $8.77 billion.  About the company: Marvell Technology Group Ltd. designs, develops, and markets integrated circuits for communications-related markets. The Company’s products provide the interface between analog signals and the digital information used in computing and communications systems. Marvell’s technology is applied to the broadband data communications market.
  • Avago Technologies (NASDAQ:AVGO): The shares recently traded at $33.32, up $0.09, or 0.27%, on the day.  The shares have traded in a 52-week range of $23.85 to $39.45 and its market capitalization is $8.18 billion.  About the company: Avago Technologies Ltd. manufactures semiconductor products such as optoelectronics, radio-frequency and microwave components, and application-specific integrated circuits. The Company’s products are used in mobile phones, consumer electronics, enterprise and telecom networking gear, optical mice, automotive electronics, and military and aerospace systems.
  • Altera (NASDAQ:ALTR): The shares recently traded at $36.73, up $0.45, or 1.24%, on the day.  The shares have traded in a 52-week range of $30.39 to $49.59 and its market capitalization is $11.78 billion.  About the company: Altera Corporation designs, manufactures, and markets programmable logic devices and associated development tools. The Company’s products, include a variety of programmable logic devices and hardcopy application-specific integrated circuits.
  • Inphi (NYSE:IPHI): The shares recently traded at $10.90, unchanged on the day.  The shares have traded in a 52-week range of $7.12 to $27.20 and its market capitalization is $298.38 million.  About the company: Inphi Corporation is a fabless provider of high-speed analog semiconductor solutions for the communications and computing markets. The Company’s solutions provide a high-speed interface between analog signals and digital information in systems such as telecommunications transport systems, enterprise networking equipment, datacenter and enterprise servers, storage platforms.
  • PMC-Sierra (NASDAQ:PMCS): The shares recently traded at $6.13, up $0.07, or 1.16%, on the day.  The shares have traded in a 52-week range of $5.26 to $9.20 and its market capitalization is $1.43 billion.  About the company: PMC-Sierra, Inc. designs, develops, markets, and supports semiconductor networking solutions. The Company’s products are used in the high speed transmission and networking systems which are used to restructure the global telecommunications and data communications infrastructure.
  • ON Semiconductor (NASDAQ:ONNN): The shares recently traded at $7.50, up $0.14, or 1.9%, on the day.  The shares have traded in a 52-week range of $6.53 to $11.95 and its market capitalization is $3.37 billion.  About the company: ON Semiconductor Corporation supplies analog, standard logic, and discrete semiconductors for data and power management. The Company’s products include integrated circuits, and analog ICs. ON also offers discrete semiconductors in a variety of surface mount and standard packages.
  • Texas Instruments (NYSE:TXN): The shares recently traded at $30.85, up $0.54, or 1.78%, on the day.  The shares have traded in  52-week range of $24.34 to $36.71 and its market capitalization is $35.25 billion.   About the company: Texas Instruments Incorporated is a global semiconductor company that designs and supplies analog technologies, digital signal processing and microcontroller semiconductors. The Company also operates materials and controls, and educational and productivity solutions businesses. Texas Instruments has manufacturing or sales operations in countries around the world.

(Note: Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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