UPDATE: Bull trend intact: Charting the S&P 500's garden-variety pullback
UPDATE: Bull trend intact: Charting the S&P -2-
The combination makes plenty of sense and should better position the firm for the future.
We think most chip equipment stocks are fairly valued, but we like a couple of names that have moats: Applied Materials and ATMI.
Waddell & Reed's Erik Becker and Gus Zinn are avoiding potential losers in the mobile space while stacking their core portfolios with firms likely to benefit from global smartphone adoption.
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Week ending Jan. 19: Earnings season gets off to mixed start.
Lam Research has the most impressive manufacturing model in the chip equipment space.