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Chip stocks underperform (SOXX -2.1%) after Nomura's Romit Shah says his firm "cannot make a...
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Thursday, July 12, 2012, 12:42 PM ETChip stocks underperform (SOXX -2.1%) after Nomura's Romit Shah says his firm "cannot make a fundamental argument for being long any semiconductor stocks in today’s environment." On a relative basis, Shah recommends buying Apple component suppliers. Some chipmakers with heavy Apple explosure: CRUS, OVTI, SWKS, TQNT, BRCM. Deutsche made the opposite call on chip stocks yesterday.
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