Barry Gitarts submits : It would still be nice to own a stock like Freescale Semiconductor (NYSE:FSL). It is so diversified between the transportation, networking & computer systems and wireless industries. And while the rest of the industry is overloaded with inventory, Freescale's inventory levels have been dropping over the past 3 years.
In addition, FSL's ROE & ROA is 3x greater the industry average. FSL currently trades at about 13x next years earnings vs. 19 for the industry. It's also interesting to note that FSL has beat earnings estimates every quarter since it went public.
FSL 1-yr chart:
DISCLOSURE: I maybe long the stocks mentioned above for myself and clients. This is not a recommendation to buy or sell any security.