Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Cypress Semiconductor Shares Popped: What You Need to Know

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

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 Cypress Semiconductor (Nasdaq: CY  ) jumped 10% today after the company released earnings.

So what: First-quarter revenue of $233.1 million beat estimates of $228.9 million, and adjusted earnings per share of $0.24 were a penny more than analysts expected. But the second-quarter outlook has gotten investors really excited today. Cypress expects revenue between $248 million and $255 million and earnings between $0.30 and $0.32 per share.

Now what: Touch screens are now the company's largest business, and management expects to win even more contracts in the future. With touch screens in everything from digital cameras to dashboard displays, Cypress' business should continue strong growth this year. The company has a history of beating analysts' expectations, and with Wall Street already behind on estimates for the second quarter the stock has plenty of room to move higher.

Interested in more info on Cypress Semiconductor? Add it to your watchlist.

Fool contributor Travis Hoium does not have a position in any company mentioned. You can follow Travis on Twitter at @FlushDrawFool, check out his personal stock holdings or follow his CAPS picks at TMFFlushDraw.

Cypress Semiconductor is a Motley Fool Rule Breakers recommendation. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Read/Post Comments (1) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On April 21, 2011, at 3:38 PM, Gonzhouse wrote:

    They are absolutely rocking, having a leadership position in touchscreens as touchscreens have taken over the personal digital devices space. Profitability is limited only by capacity and they are adding it as fast as possible.

    Green thumbing CY on CAPS will be the easiest CAPS points you'll ever pick up.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1479753, ~/Articles/ArticleHandler.aspx, 10/25/2016 11:59:16 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated Moments ago Sponsored by:
DOW 18,188.34 -34.69 -0.19%
S&P 500 2,145.25 -6.08 -0.28%
NASD 5,290.50 -19.33 -0.36%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

10/25/2016 11:43 AM
CY $10.85 Down -0.05 -0.41%
Cypress Semiconduc… CAPS Rating: ***