Nat’l Semiconductor Kept a Buy – Analyst Blog
Source: http://www.zacks.com/stock/news/18145/Nat%27l+Semiconductor+Kept+a+Buy+-+Analyst+BlogPosted on Thursday, March 12th, 2009 | In Stocks to Watch
Contributed by: Zacks Market Commentaries (http://www.zacks.com/) -
National Semiconductor Corp. (NSM) is an OEM [original equipment manufacturer] of analog and mixed signal integrated circuits. February quarter results beat consensus expectations, on both the top and bottom lines.
Forward guidance is for a revenue decline of 5-10% in the next quarter. New higher-margin products continue to grow in the mix, and management has refocused R&D into areas that should sustain margins.
However, similar to others in the analog space, National was negatively impacted by the recession. We are reiterating our Buy rating on NSM shares.
Read the full analyst report on “NSM”
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analog, Blog, equipment manufacturer, higher margin products, integrated circuits, National Semiconductor Corp., Stocks to Watch, Zacks Market Commentaries
analog, Blog, equipment manufacturer, higher margin products, integrated circuits, National Semiconductor Corp., Stocks to Watch, Zacks Market Commentaries
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