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This Cheap Tech Stock Could Explode Soon

·5 min read
This Cheap Tech Stock Could Explode Soon
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Skyworks Solutions (NASDAQ: SWKS) has disappointed investors so far this year, as share prices of the Apple (NASDAQ: AAPL) component supplier have slipped nearly 12% thanks to the broader sell-off in tech stocks. Share prices of the chipmaker fell 2.5% following the Feb. 3 release of its fiscal 2022 first-quarter results (for the three months ending on Dec. 31), and they have failed to recover since. Let's look at the reasons why Skyworks Solutions is primed for a turnaround.