In a series of articles designed to bring to life my very best alpha-generating technology stock ideas, I recently profiled Silicon Motion (NASDAQ:SIMO), a beaten-down, unloved and dirt-cheap supplier of RF transceivers and flash storage controllers highly levered to the smartphone space. While this stock has been frustrating for quite some time, particularly in light of the company's recent revenue warning, patience has finally begun to pay off following the company's most recent earnings report. I believe that the story is nowhere near finished and that there is still significant upside from current levels.
Samsung's LTE Business Seems Inevitable
A key tenet of my thesis was that Silicon Motion's exclusion from Samsung's recent LTE designs (which have largely...
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