The Traderszone Network

Published in TZ Latest News 28 May, 2015 by The TZ Newswire Staff

Hot Chip Stocks: Why Silicon Motion’s Growth Is Accelerating

Silicon Motion Technology, which builds microcontroller circuits for flash storage devices and specialty RF (radio frequency) wireless chips, is accelerating its earnings growth. In the fourth quarter of 2013, earnings per share shrank 17% to 30 cents vs. a reported 36 cents the prior year. That’s exactly the opposite of what you want to see in a growth stock. In the next quarter, things turned around in a subtle way.

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