Monday, June 8, 2015

Skyworks the Skyrocket

There are two things that rarely happen to stocks: One, a stock that goes up a great amount in one year is not likely to maintain that growth for a second year. Two, large-cap stocks are unlikely to show huge periods of sustained growth. That's what makes the performance of the little-known Skyworks Solutions so remarkable.

A semiconductor manufacturer based in Woburn, Massachusetts, Skyworks was the best performer in the entire S&P 500 last year, rising 165 percent. Usually, what goes up must come down, but Skyworks has been the third-best performer in the S&P in 2015, up an additional 45 percent already this year.

Altogether, Skyworks is up 285 percent since the beginning of 2014. You would not want to bet on that kind of incredible success continuing, especially for a large-cap stock, but it's been a remarkable performance nonetheless.

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