- CES (runs from Jan. 6-9) should highlight how Sigma Designs (NASDAQ:SIGM) is a play on both 4K TV and IoT growth, predicts Needham's Quinn Bolton, hiking his target by a dollar to $8 and reiterating a Buy.
- Bolton is upbeat on the prospects for both Sigma's SX6 smart TV SoC (supports 4K playback), as well as its Z-Wave wireless home automation/monitoring platform.
- Shares have made new 52-week highs, and are up 45% YTD.