Why CEVA Is My Favorite Semiconductor IP Stock For 2014
As a full time financial writer/investor, I am always on the lookout for compelling risk/reward opportunities, particularly in small-cap tech. While the world of large-cap tech is generally well understood by the investment/analyst community, smaller cap names are usually under-followed and often misunderstood. One such example of this – and one of my highest conviction stock picks for 2014 – is CEVA Inc., a leading vendor of DSP IP blocks that primarily go into cellular baseband chips (although the company is expanding outside of this core business).
A Little History
Following CEVA’s most recent earnings report (at which the company disappointed investors by missing top and bottom line expectations), the shares crumbled – dropping from just north of $18 per share to a low of $13.71. It is then that I took a position in the stock. But why did I do so?
Well, in order to understand why I believe CEVA’s future is so bright, it’s important to understand the difficulties that the company has had over the last few years. Really, the company’s (biggest) problems can be summed up with just one word: Qualcomm.
To read the full article, click here
Related Semiconductor IP
Related Blogs
- Semiconductor IP Forecast 2014 - 2020
- World IP Day: A Time to Reflect on the Value of Semiconductor IP
- Industry's First Verification IP for PCIe 7.0
- Synopsys Secures Connected Vehicles with Industry's First IP Product to Achieve Third-Party Certification for ISO/SAE 21434 Cybersecurity Standard
Latest Blogs
- Enhancing PCIe6.0 Performance: Flit Sequence Numbers and Selective NAK Explained
- Smarter ASICs and SoCs: Unlocking Real-World Connectivity with eFPGA and Data Converters
- RISC-V Takes First Step Toward International Standardization as ISO/IEC JTC1 Grants PAS Submitter Status
- Running Optimized PyTorch Models on Cadence DSPs with ExecuTorch
- PCIe 6.x: Synopsys IP Selected as First Gold System for Compliance Testing