Every day, the sun rises on Wall Street, and a plethora of professional analysts wake to issue new opinions on stocks. Here at the Fool, we use our "This Just In" column to examine some of these picks -- and the track record of the firm behind them -- so individuals can make better investing decisions.
In addition to following professional banks, anyone can use Motley Fool CAPS to monitor the collective opinions of more than 110,000 investors, many of whom demonstrate better investing insight than published analysts do.
In the case of Anadigics (Nasdaq: ANAD), enough top-performing CAPS investors have turned bullish recently to upgrade the semiconductor designer from the three- and four-star rank it has wavered between during much of the past six months to a tip-top five stars. A total of 342 investors have given their opinion on Anadigics, with many of them offering analysis and commentary explaining the recent optimism.
With revenue growing at nearly a 23% annual clip over the past five years, Anadigics is a fast-growing -- and now profitable -- company with a penchant for surprising analysts. But the stock has been whacked by more than 50% from late 2007, when the company issued mixed guidance.
The newly discounted shares, coupled with new growth prospects, have piqued the interest of many CAPS investors. For instance, now that Intel (Nasdaq: INTC), Google (Nasdaq: GOOG), and friends have resurrected the joint WiMax venture once killed by Sprint Nextel (NYSE: S) and Clearwire (Nasdaq: CLWR), Anadigics and other RF chip making peers TriQuint Semiconductor (Nasdaq: TQNT) and RF Micro Devices (Nasdaq: RFMD) are expected to see rising demand for broadband wireless products.
Investors also think Anadagics has a technical edge with many of its products, including a new power amplifier for use in 3G dual-band handsets that can cut current consumption by 75% and increase talk time by 25%. Taken all together, a solid majority of CAPS investors are more bullish than ever on Anadigics, with nearly 96% of the investors rating the company expecting it to outperform the market in the future.
To see what the very best CAPS analysts are saying now about Anadigics -- as well as other winning stocks they are picking -- head on over to CAPS and have a look. The community research and resources in CAPS are totally free, unlike analyst opinions reserved for paying clients.
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