Broadcom Corp. (BRCM)

DON'T BUY
It would take them 2 years of cash flow to handle one-year of their capital expenditures i.e., they are spending more than they are earning. They have a lot of competition.
BUY
One of the leaders. One of the few companies that combines digital and analog in a CMOS platform. Have a record of staying ahead in the marketplace and being one of the most feared companies in their space.
BUY
One of the highest quality companies. Likes the space. Pulling back a little bit which is a reflection of what is going on in the semiconductor space. Semiconductor inventories have been ticking up which is spooking the market. This company has wide exposure to many areas. A core holding.
DON'T BUY
The communications chip manufacturer. Have a terrible financial history. They are in a pretty good position now with the HDTV roll out but you have to be careful with them. If you own, take some money off the table before they drop again.
TOP PICK
There is tons of demand for wireless data and this company makes chips that supply into this area as well as HDTV and digital TV. They have the ability to price. Recent report had earnings 15% above expectations.
BUY
Stock has been oversold on a technical basis. Very volatile. Looks like there is some interest building up in it.
DON'T BUY
The stock has been strong for so long and is probably getting close to the end of it.
BUY
Likes at this price. Can see it moving up over the next 6 months.
BUY ON WEAKNESS
Have had some contraversial management changes. Server works is continuing to grow, but some questions on the second half. Broad platform in the integrated circuit world. Mackenzie is selling their shares now, but would buy back when it drops.
DON'T BUY
Way too expensive. Growth is decent. Could be a trading stock.
BUY ON WEAKNESS
Have a broad platform of products. Some controversy in loss of some management. A little high.
BUY
Ranks midpoint in their database model. Earnings estimates are going up. Has reasonable opportunities ahead of it.
DON'T BUY
Very expensive. Very volatile. Could be an interesting buy if tech takes a drop.
BUY ON WEAKNESS
A leader in its space. Not cheap. Could drop. A good stock for a portfolio.
DON'T BUY
Well positioned for long term future growth. In the short term it will languish.
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