Skyworks Solutions ($SWKS): A Pullback To Strongly Consider
In recent weeks, there has been some concern over technology giant Apple [stckqut]AAPL[/stckqut] due to a slowdown in China, its fastest growing market. As a result, a number of Apple suppliers have seen their shares pull back a bit, including Skyworks Solutions [stckqut]SWKS[/stckqut].
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Shares have pulled back along with Apple.
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Business remains strong, margins improving nicely.
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Lower share price means higher dividend yield and stronger buyback.
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Valuation seems a bit depressed considering expected growth profile.