Synaptics Inc. (NASDAQ: SYNA) is a technology company that is exposed to the growth of touch screen controller ICs, display driver ICs, and fingerprint sensors. The company is set to capitalize on this growth amid leading market position, good acquisitions, and constant innovation. Recent design-loss fears sent the stock price in a downward direction. Moreover, short interest is spiking up as short sellers are hoping for Apple Inc. (NASDAQ: AAPL) to select a supplier other than Renesas, or they may be speculating on recent selling by insiders. Whatever the reason, a short squeeze is in the making as the stock already closed above $80 on Friday. Synaptics may reward its investor with a 10%-15% gain in a very...
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