|Day Low/High||123.96 / 127.39|
|52 Wk Low/High||79.08 / 127.30|
Portfolio manager David Peltier finds value in a semiconductor name trading at its 52-week low.
Portfolio manager David Peltier discusses merits of a low-dollar chipmaker on the decline.
It is going to remain extremely difficult to make long-term price predictions.
PETM is sitting right near support. ADI is could be a nice addition to long-term growth portfolios.
Negative news from Europe and the U.S. is driving global stocks sharply lower.
The subsector pays fat dividends and is less volatile than commodity semiconductors.