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3 Semiconductor Stocks to Buy Now

FSII, TSM, HIMX improve in weekly rankings


Three Semiconductor stocks are moving up in their overall rating this week, according to the Portfolio Grader database. Every one of these is graded an “A” (“strong buy”) or “B” overall (“buy”).

This week, FSI International (NASDAQ:FSII) is showing good progress as the company’s rating jumps from a B (“buy”) last week to an A (“strong buy”). FSI International is a supplier of processing equipment used at key production steps to manufacture microelectronics, including semiconductor devices and thin film heads. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, and Sales Growth, FSII also gets A’s. For more information, get Portfolio Grader’s complete analysis of FSII stock.

Taiwan Semiconductor Manufacturing (NYSE:TSM) earns an A this week, jumping up from last week’s grade of B. Taiwan Semiconductor Manufacturing makes semiconductors based on its own or third-party proprietary integrated circuit designs. Shares of TSM have increased 13.7% over the past month, better than the 3.7% increase the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TSM stock.

This is a strong week for Himax Technologies (NASDAQ:HIMX). The company’s rating climbs to A from the previous week’s B. Himax Technologies designs and manufactures integrated circuits. For more information, get Portfolio Grader’s complete analysis of HIMX stock.

Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.

Article printed from InvestorPlace Media, http://investorplace.com/2013/05/3-semiconductor-stocks-to-buy-now-fsii-tsm-himx-6/.

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