Today's stock in the spotlight is Kulicke & Soffa Industries (KLIC). This cyclical semiconductor packaging firm gets little coverage in the press and has a market capitalization of under $1B. However, there are myriad reasons to believe the stock will be significantly higher 12-18 months from now and its huge cash hoard leaves little downside in my opinion. Patient value investors willing to wait for the semiconductor cycle to improve should do well as the company's earnings picture becomes brighter in 2014.
Kulicke & Soffa Industries produces equipment and tools for use in the semiconductor industry. The company is the market share leader in the wire bond, wedge bond, stud bump and capillary markets. It primarily...
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