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InvenSense (INVN +5.3%) rallies for the second day in a row thanks to analyst notes predicting...

InvenSense (INVN +5.3%) rallies for the second day in a row thanks to analyst notes predicting iPhone design wins. Pac Crest thinks a 3-axis InvenSense gyroscope has been designed into a next-gen iPhone, and believes the win could add $0.40 to EPS (an iPad win is seen adding $0.20). Meanwhile, Maxim's Ashok Kumar is doing an about-face (previous) and stating checks indicate there's a "better than even chance" InvenSense will be designed into an expected low-cost iPhone. OTR Global wrote yesterday checks pointed to an InvenSense iPhone win.
Comments (1)
  • Esekla
    , contributor
    Comments (3112) | Send Message
     
    Furthermore, it's a short squeeze candidate and that has not even begun to factor into the price appreciation yet:
    http://seekingalpha.co...
    28 Jun 2013, 01:41 PM Reply Like
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