Some Samsung component makers attractive after pullback, says Needham

theflyonthewall.com

Needham reduced its estimates on Atmel (ATML), Synaptics (SYNA), Magnachip (MX), and Silicon Image (SIMG) to reflect lower Galaxy S 4 sell-through levels. However, the firm believes that the stocks already reflect much of the risk, and it recommends buying the shares of all four companies.

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