Skyworks Is the Solution

Technology stocks have gotten crushed over the past four or five weeks and a quick look at the tech-heavy Nasdaq Composite is all the confirmation one needs. While the index is still up more than 14.5% year to date, it has fallen by more than 5% in the past month. We can attribute that to earnings pre-announcements and forecast cuts from the likes of Intel (INTC) and Hewlett-Packard (HPQ) due to weak PC demand, softer results from IBM (IBM), application delivery networking provider F5 Networks (FFIV), interconnect product supplier Mellanox Technologies (MLNX) and others.

Nasdaq Source: View Chart » View in New Window »

One area of tech that has held up from a fundamental perspective is mobile and its no secret that the structural shift from desktop computing to mobile computing in the form of smartphones and tablets will continue. Recent product introductions from Apple (AAPL) and Microsoft (MSFT) confirm this, as do a number of earnings reports we've received in the last several days....341 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.