real-time news and commentary for investors
Monday, Nov 26
2012, 9:14 AM
Broadcom (BRCM) and SanDisk (SNDK) are two more chip stocks receiving favorable Street...
Broadcom (BRCM) and SanDisk (SNDK) are two more chip stocks receiving favorable Street commentary this morning. Benchmark is upgrading Broadcom to Buy, arguing it can gain share (ed: perhaps at Texas Instruments' expense?) and deliver healthy organic growth going forward. Credit Suisse is starting coverage on SanDisk with an Outperform: like others, the firm forecasts NAND flash demand growth will outpace supply growth in 2013. (earlier)