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Tuesday, March 31, 2015

Apple Supplier Stocks Rebound After Last Week's Chip Scare



Investor's Business Daily - Investing RSS http://ift.tt/1BJQwbH Longtime leading chip stocks were especially hard hit last Wednesday when IBD's market outlook suffered a downgrade. Many leading chip names fell 6% or more and opened sharply lower on Thursday as well. The rebound started Thursday with many positive reversals, including three stout Spotlight names that happen to be Apple (AAPL) suppliers. A brief trip to the 10-week line in each case, though, was not an ideal time to buy shares. Avago


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