3 Stocks to Get on Your Watchlist: Skyworks Solutions Inc (SWKS), Endeavour Silver Corp. (CAN) (EXK)

Page 1 of 2

2 Stocks to Own for the 'Super WiFi' EraI follow quite a lot of companies, so the usefulness of a watchlist to me cannot be overstated. Without my watchlist, I’d be unable to keep up on my favorite sectors and see what’s really moving the market. Even worse, I’d be lost when the time came to choose which stock I’m buying or shorting next.

Today is Watchlist Wednesday, so I’m discussing three companies that have crossed my radar in the past week — and at what point I may consider taking action on these calls with my own money. Keep in mind that these aren’t concrete buy or sell recommendations, nor do I guarantee I’ll take action on the companies being discussed. What I can promise is that you can follow my real-life transactions through my profile and that I, like everyone else here at The Motley Fool, will continue to hold the integrity of our disclosure policy in the highest regard.

Skyworks Solutions Inc (NASDAQ:SWKS)
I freely admit to pounding the table on Skyworks Solutions Inc (NASDAQ:SWKS) every couple of months. But, given its dominance in power-amplifying modules and RF components in mobile devices, I don’t see how this company isn’t a staple on everyone’s watchlist.

Last month the RF supplier market (of which Skyworks Solutions Inc (NASDAQ:SWKS) is also a member) received quite the scare when QUALCOMM, Inc. (NASDAQ:QCOM) unveiled its next-generation all-in-one RF360, which is capable of dealing with band fragmentation on the front-end and would make the current RF components mostly dead weight. This is terrible news for weaker-positioned RF suppliers like RF Micro Devices, Inc. (NASDAQ:RFMD), which have been scrambling to produce 4G LTE-capable components. RF Micro, for instance, has been reducing its reliance on Nokia Corporation (ADR) (NYSE:NOK), but still counts quite a bit of revenue from 2G and 3G RF sales to the company.

Skyworks Solutions Inc (NASDAQ:SWKS), on the other hand, has a tight-knit relationship with Apple Inc. (NASDAQ:AAPL) and that isn’t likely to change anytime soon. Skyworks Solutions Inc (NASDAQ:SWKS)’ most recent quarter — which saw it report revenue of $454 million, up 15% from the year-ago period, and EPS of $0.55 — handily surpassed analysts’ expectations. As icing on the cake, Skyworks ended the quarter with nearly $2 in cash and no debt. With ample R&D funds on hand and a bare-bones forward P/E of just 8, I feel Skyworks Solutions Inc (NASDAQ:SWKS) could be primed for a big move this year.

Endeavour Silver Corp. (CAN) (NYSE:EXK)
Since making Endeavour a stock near a 52-week low worth buying in late January, it’s done nothing but make me look foolish and head lower. Endeavour’s problems are pretty simple to understand, with lower production at its newly purchased El Cubo mine and lower spot silver prices holding back its bottom-line profits. However, my opinion is that’s about to change in a big way.

Page 1 of 2

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Best Travel Destinations in Australia

World’s Most Expensive Musical Instruments

World’s Most Famous Animals

Most Expensive Cakes in the World

Most Expensive Kosher Champagne in the World

Most Expensive Kosher Wine in the World

The Most Surprisingly Dark Fairy Tales

Most Popular Travel Destinations in Asia

The 10 Most Expensive Dresses Ever Worn to the Oscars

World’s Most Visited Art Museums

Best Countries for Photographers to Work in

Best Paid Jobs in the Film Industry

The Most Renowned Recovered Paintings Ever

Child Stars That Turned out Just Fine

Books That Were Banned in the Past Century

World’s Richest Dancers

Best Remedies against Bad Breath

Foods That Improve Your Skin Texture

Best-Selling Children’s Books of all Time

Foods That Boost Your Libido

Best-Selling Books of all Time

The Most Expensive Academy Awards Jewelry in History

Most Expensive Japanese Restaurant In New York City

The Best B-Boy Movies

Most Awesome Hip Hop Documentaries

Foods That Stain Your Teeth

Richest Doctors in the World

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!