Stephen Simpson, CFA
Long only, growth at reasonable price, value, research analyst

Apple Vs. Samsung - Avago Wins Either Way

Although many investors, analysts, and writers are deeply invested in the "Apple (NASDAQ:AAPL) versus Samsung (OTC:SSNLF)/the field" battle, I really don't care who wins. Instead, I try to find companies that can prosper from the overall growth in next-gen wireless devices, and Avago (NASDAQ:AVGO) looks like a good candidate. While Apple certainly matters to Avago, I like the company's broader exposure to the handset market, not to mention what I believe to be undervalued opportunities in wired infrastructure and industrial/automotive markets.

A Familiar Story To Start The Fiscal Year

For investors who follow chip stocks, particularly the wireless group, Avago's results are going to look very familiar.

Revenue rose 2% overall, but fell about...

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