Skyworks Rides the 4G Build-Out
Smartphones, tablets and other mobile devices are migrating to the latest 4G cellular network standard, Long-Term Evolution (LTE). Moving to a more robust infrastructure is necessitated by the exponential increases in data and network traffic that these devices create. This presents a secular investment theme for the next few years as carriers spend tens of billions of dollars to upgrade their networks and consumers continue to ramp up their purchases of LTE-enabled devices.
Tech stalwarts such as Cisco Systems (CSCO) and Qualcomm (QCOM) should see increasing revenue streams from this ongoing development. I own both of these market leaders in my portfolio, but I would like to concentrate today on a smaller tech player that should also benefit from this migration, is selling at a cheap valuation and has solid growth prospects. It works for both value and growth investors alike at current price levels....242 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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