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Pros Play Apple Ecosystem With 4 Chip Stocks
13 Feb 2012 EST - CNBC.com
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Investors are trying to figure out how to trade chips after two major firms downgraded semiconductor stocks.Both Benchmark and S&P Capital turned cautious, largely both firms say the tech sector is vulnerable to short-term profit-taking after the outperformance year to date.If you’re a trader, you may want to heed those words of caution. Top analyst Craig Berger of FBR tells us that the sector is probably due for a bit of a sell-off. However, if you’re an investor he says the fundamentals still look very strong. “We’re still very early in the semiconductor up-cycle which should play out over the next nine months,” he said.

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