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51% Gain for this Semiconductor Company on Japanese Supply Problems | ||
Consultant firm Gartner estimates that 54 million tablets, like Apple's iPad 2, will be sold in 2011. That's up from 15 million in 2010.
In fact, Gartner says sales of tablets will be so strong that it will "dramatically" reduce sales of laptop computers for 2011 and 2012. HP, Acer, and Dell, the three top largest notebook makers, are already scrambling to find competing products.
Apple's iPad is driving a whole new cycle of semiconductors, data networks and subscription pricing.
And here's one semiconductor stock with a P/E of 5 that could easily rise 51% on tablet sales.
But now Japanese chip companies are having supply problems because of the recent disasters there.
This company could easily move 51% higher (at least) as earnings jump higher because unlike many chipmakers, this company has a limited manufacturing presence in earthquake affected areas in Japan, meaning it can take up the slack from stalled output from other chipmakers more directly affected by the earthquake.
Ian Wyatt, of Wyatt Investment Research, recently uncovered a semiconductor company that supplies memory chips for Apple's iPad 2. With a P/E of just 5, the stock is already cheap.
Wyatt has led a small group of investors to 32 paydays out of 37 stock recommendations. These investors are nailing down an average of 12.5% profit every 90 days.
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