4 Semiconductor Stocks to Buy Now

FSII, TSM, HIMX, DQ improve in weekly rankings

   
4 Semiconductor Stocks to Buy Now

The grades of four Semiconductor stocks are better this week, according to the Portfolio Grader database. Every one of these stocks has an “A” (“strong buy”) or “B” overall (“buy”) rating.

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.

This week, Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR’s (NYSE:TSM) ratings are up from a B last week to an A. Taiwan Semiconductor Manufacturing makes semiconductors based on its own or third-party proprietary integrated circuit designs. The stock price has risen 6.5% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TSM stock.

The rating of Himax Technologies, Inc. Sponsored ADR (NASDAQ:HIMX) moves up this week, rising from a B to an A. Himax Technologies designs and manufactures integrated circuits. For more information, get Portfolio Grader’s complete analysis of HIMX stock.

This week, Daqo New Energy Corp. Sponsored ADR (NYSE:DQ) pushes up from a B to an A rating. Daqo New Energy engages in manufacturing polycrystalline silicon, which are used for producing ingots, wafers, cells, and modules for photovoltaic solar power solutions. For more information, get Portfolio Grader’s complete analysis of DQ 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/2013/10/4-semiconductor-stocks-to-buy-now-fsii-tsm-himx/.

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