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 records 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 140,000 members, many of whom demonstrate better investing insight than published analysts do.

After the company touched a near-bottom two-star rank earlier this year, enough top-performing CAPS members are now feeling bullish about TriQuint Semiconductor (NASDAQ:TQNT) to upgrade it to a maximum five stars. A total of 192 members have given their opinion on the chipmaker, with many offering analysis and commentary to explain their recent optimism.

Many CAPS members expect rapid growth in the smartphone market to benefit TriQuint, along with peers RF Micro Devices (NASDAQ:RFMD) and Skyworks Solutions (NASDAQ:SWKS). TriQuint already supplies Apple (NASDAQ:AAPL) and Research In Motion (NASDAQ:RIMM) with its radio frequency semiconductors, a segment that's becoming a greater source of revenue.

Thanks to smartphone growth, TriQuint's second-quarter handset revenue grew 56% sequentially, while total revenue moved 42% higher, to $169 million. In addition to expected long-term global handset growth, TriQuint also expects to continue to win government contracts for military applications, a segment that saw second-quarter revenue grow 25% over the previous quarter. It currently has key design wins for projects such as the F-35 Joint Strike Fighter.

But TriQuint doesn't stop there -- it also aims to build a presence in the growing cable TV and fiber-optics market, where it recently announced the acquisition of integrated circuit maker TriAccess Technologies. Companies such as Verizon (NYSE:VZ) and AT&T (NYSE:T), as well as providers in Europe and Asia, are rapidly upgrading their networks. That increased bandwidth will meet the needs of growing Internet, video, and voice services -- another market TriQuint believes it can successfully tap.

Do you think TriQuint Semiconductor deserves its new star status? Add your thoughts in the comments box below, or head over to our totally free CAPS service to rate the company and check out all the information and opinions the community offers.

The Motley Fool Stock Advisor service looks for well-managed companies poised to beat the market over the long haul. To see all the stocks that have helped Tom and David Gardner beat the market by 49 points on average, take a free 30-day trial.

Fool contributor Dave Mock upgraded his last in-flight snack pack to include a brownie. He owns no shares of companies mentioned here. Apple is a Stock Advisor pick. The Fool's disclosure policy appears nightly in a seedy bar somewhere near you.