Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of testing equipment supplier Teradyne
So what: Teradyne blew the market away with a tremendous fourth-quarter report with 31% year-over-year revenue growth fueling earnings more than double the year-ago period. Looking forward, there's a growing backlog of unfilled orders that should lead to continued business strength in coming quarters.
Now what: Teradyne's particular strength lies in system-on-a-chip (SoC) testing rigs. Many smartphones and tablets are built around SoC solutions, so what's good for ARM Holdings
Interested in more info on Teradyne? Add it to your watchlist.