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Thursday, June 26, 2014

Avago Tech's Stock Run May Not Be Over



Investor's Business Daily - Investing RSS http://ift.tt/1pTPqYJ Stocks in the semiconductor sector have been hot in 2014. Avago Technologies (AVGO) is no exception. The Singapore-based specialist in integrated circuit designs is up 34% since Jan. 1, spanking the Nasdaq's 5% year-to-date gain. It's hard to justify buying shares in Avago at this point. The stock is well extended in price since it broke out of a nine-week flat base at 39.84 during the week ended Sept. 20, 2013 -- when the market was in a confirmed


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