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5 Small Caps That Hedge Funds Love

A look at the potential boomer stocks favored by the 'smart money'

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#3: Vishay Intertechnology

Vishay185Change in investment from last quarter: +$56.6 million
Total hedge fund investment vs. market cap:
$56.6 million of $2.1 billion
YTD returns: 34%

Vishay Intertechnology (VSH) is a small semiconductor company that’s in favor with hedge funds right now and has nicely outperformed the market in 2013.

In this post-PC age, there’s a lot of focus on how many of the old chipmakers are doomed … but that simply hasn’t been the case for the past few months as the market has seen resilience in many semiconductor stocks. After all, people buy a host of electronics every year beyond smartphones and tablets, and their components have to come from somewhere.

Vishay admittedly has been suffering from top-line pressures in the past few years, but profits are forecast to grow a modest 16% this fiscal year and then a nice 27% in fiscal 2014.

Article printed from InvestorPlace Media,

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