But wait ... there's more! In the giving spirit of the holidays, here's a bonus pick for bargain-hunters looking for stocks under the $10 threshold. Skyworks Solutions (NASDAQ: SWKS), manufactures semiconductors that are used primarily in wireless telephone handsets and infrastructure products. Nearly 40% of the company's sales are thanks to Motorola (NYSE: MOT) and Sony Ericsson Mobile. The firm has been a solid performer in the earnings confessional of late, topping analysts' expectations consistently for the past five quarters, by an average surprise of nearly 15%. On November 1, the company reported fourth-quarter profit of $22 million, or 14 cents per share, a penny above Street expectations and a welcome change from a year-ago loss of $96.4 million (60 cents per share). Looking ahead to the current (first) quarter, SWKS officials targeted first-quarter profit -- excluding items -- of 15 to 17 cents per share.
Technically speaking, SWKS has been moving gradually higher since last summer, using the support of its rising 10-month and 20-month (200-day) moving averages. The last time the equity finished a month below these trendlines was in March, following a brief consolidation into this support.
10 stocks under $10: Bruker BioSciences (BRKR)
10 stocks under $10: TriQuint Semiconductor (TQNT)
10 stocks under $10: CBIZ Inc. (CBZ)
10 stocks under $10: Brigham Exploration (BEXP)
10 Stocks Under $10: Medical Staffing Network Holdings (MRN)
10 Stocks Under $10: Incyte (INCY)
10 Stocks Under $10: Art Technology Group (ARTG)
10 Stocks Under $10: Ampal-American Israel (AMPL)
10 Stocks Under $10: General Moly (GMO)
10 Stocks Under $10: Allos Therapeutics (ALTH)
Beth Gaston Moon is an analyst at Schaeffer's Investment Research.
10 stocks under $10: Bruker BioSciences (BRKR)
10 stocks under $10: TriQuint Semiconductor (TQNT)
10 stocks under $10: CBIZ Inc. (CBZ)
10 stocks under $10: Brigham Exploration (BEXP)
10 Stocks Under $10: Medical Staffing Network Holdings (MRN)
10 Stocks Under $10: Incyte (INCY)
10 Stocks Under $10: Art Technology Group (ARTG)
10 Stocks Under $10: Ampal-American Israel (AMPL)
10 Stocks Under $10: General Moly (GMO)
10 Stocks Under $10: Allos Therapeutics (ALTH)
Beth Gaston Moon is an analyst at Schaeffer's Investment Research.
Nuclear power is on the comeback trail
Apple backs AT&T in continuing spat with Verizon
Closing Bell: The recession is still over, still... do you feel it?
