Sector Scan: Semiconductor Stocks

My Power Options system identifies the best candidates for option trading or short-term stock trading, and this week it’s showing buying opportunities in semiconductors. These names are both volatile and liquid, two important characteristics of profitable options trading.

Use the following information to help you with your own options or short-term stock trading program.


This is one of the strongest stocks under surveillance with my Power Stocks system.

  • Microsemi Corporation (NASDAQ:MSCC)

Excellent Buying

These stocks are in strong upward trends, with excellent upside potential. Buy on any further strength.

  • Applied Materials, Inc. (NASDAQ:AMAT)
  • Texas Instruments Incorporated (NASDAQ:TXN)
  • Xilinx (NASDAQ:XLNX)
  • Avnet (NYSE:AVT)
  • Advanced Micro Devices (NYSE:AMD)


This stock has been in an upward trend for over a week, and displays good upside characteristics relative to other stocks.

  • QLogic Corporation (NASDAQ:QLGC)

Strong but Topping

This stock was in an upward trend, but has leveled after a dramatic advance. Watch for it to break through resistance—that will be your signal to buy.

  • Cypress Semiconductor Corporation (NASDAQ:CY)

Quiet Stocks

These stocks are in upward trends, but are temporarily leveling or pulling back.

  • NVIDIA Corporation (NASDAQ:NVDA)
  • Intel (NASDAQ:INTC)

Trending Down

This stock is in an upward trend that is temporarily leveling or pulling back. Most of the stocks in this category have the potential for a strong downtrend.

  • Rambus (NASDAQ:RMBS)

InvestorPlace advisor Ken Trester is editor of the popular Maximum Options program. Trester has been trading options since the first exchanges opened in 1973 with a winning streak that goes back to 1984 with money-doubling average annual profits since 1990.  Try Maximum Options today for 2 months for only $99.

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