Best Apple Stocks – Skyworks Solutions (SWKS)
What It Supplies APPL: Radio chips for the Apple iPhone and Applie iPad
When it comes to Apple stocks, Skyworks Solutions (SWKS) is one of the most dependent. According to its fiscal 2012 10-K, nearly 30% of revenues came from AAPL.
True, SWKS has been trying to diversify its base by snagging customers like General Electric (GE). But for the most part, SWKS will firmly remain one of the key Apple stocks.
That should be a good thing, too. Apple is likely to get a boost in iPhone sales from its new relationship with China Mobile (CHL). It also looks like the Apple iPad has become the must-have item for the Christmas season, at least based on early results from retailers like Walmart (WMT) and Target (TGT).
As a result, SWKS stock looks positioned for solid growth over the long haul. Skyworks Solultions’ chips will continue to be in high demand as more and more devices become connected, which is key for Apple stocks. And this is especially the case in markets like China.