The Hot Stock: Skyworks Solutions Soars 13%
January 20, 2017 at 16:56 PM EST
Skyworks Solutions ( SWKS ) soared to the top of the S&P 500 today after beating first-quarter earnings forecasts , and offering above-consensus second-quarter guidance. Skyworks Solutions gained 13% to $88.67, while the S&P 500 rose 0.3% to 2,271.31. Oppenheimer's Rick Schafer and team argue that Skyworks' " growth [is] back on track ." They explain: Oppenheimer's Rick Schafer and team argue that Skyworks' "growth [is] back on track." They explain:
