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

Operating In Obscurity, Microsemi Continues To Execute

Perhaps I shouldn't complain about Microsemi (NASDAQ:MSCC) not getting much attention from the Street or investors; sooner or later value always wins out and I can live quite happily without the volatility that comes with "darling" stocks. In any case, Microsemi continues to look like one of the cheapest chip stocks out there, but also a company with significant potential from operating leverage and product platforms like timing and FPGAs.

Hit The Numbers, Move Along

Microsemi reported 21% yoy and 2% qoq revenue growth this quarter, just slightly better than expected. That sort of growth isn't going to make anyone forget Freescale (NYSE:FSL) (up 5% qoq) or Silicon Labs (NASDAQ:SLAB) (up 10% qoq), but...

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