Skyworks Solutions Inc (SWKS), Apple Inc. (AAPL): This Under-The-Radar Tech Stock Is Poised For A 32% Rally

Buying on a daily close above $25 makes ideal technical sense.

The combination of fundamental growth and breakout potential makes a powerful case for this stock. The diversification and positioning of this company to profit from future trends, as well as its current business, make Skyworks Solutions Inc (NASDAQ:SWKS) a compelling investment.

Action to Take –>

— Buy Skyworks Solutions Inc (NASDAQ:SWKS) on a daily close above $25

— Set stop-loss at $23

— Set initial price target at $33 for a potential 32% gain in six months

This article was originally published at ProfitableTrading.com
Under-the-Radar Tech Stock Poised for a Double-Digit Rally

P.S. — I’m not a market technician, but I’ve seen enough charts in my day to know when a pattern is shaping up to be … interesting. I encourage you to click here to check out my colleague Amber Hestla’s presentation on what the dreaded “triple top” could mean for your portfolio in the coming weeks.

– David Goodboy

The article This Under-The-Radar Tech Stock Is Poised For A 32% Rally originally appeared on StreetAuthority and is written by David Goodboy.

David Goodboy does not personally hold positions in any securities mentioned in this article. StreetAuthority LLC does not hold positions in any securities mentioned in this article.