10 Best Rising Stocks To Invest In 2016

10 Best Rising Stocks To Invest In 2016: Avago Technologies Limited(AVGO)

Avago Technologies Limited engages in the design, development, and supply of analog semiconductor devices with a focus on III-V based products. Its product portfolio comprises RF amplifiers, RF filters, RF front-end modules, ambient light sensors, light emitting diodes, low noise amplifiers, mm-wave mixers, optical finger navigation products, diodes, fiber optic transceivers, serializer/deserializer ASICs, motion control encoders and subsystems, optocouplers, and optical mouse sensors. The company?s products are used in cellular phones, consumer appliances, data networking and telecommunications equipment, enterprise storage and servers, renewable energy and smart power grid, factory automation, displays, optical mice, printers, voice and data communications, keypad and display backlighting, backlighting control, base stations, storage area networking, in-car infotainment, lighting, motor controls, power supplies, and optical disk drives applications. It markets its produ cts through a network of distributors and its direct sales force worldwide. The company sells approximately 6,500 products to original equipment manufacturers of wireless communications, wired infrastructure, industrial and automotive electronics, and consumer and computing peripherals markets. Avago Technologies Limited was founded in 2005 and is based in Singapore.

Advisors' Opinion:

• [By Alex Planes]

  What: Shares of Avago Technologies (NASDAQ: AVGO  ) have gained 10% today after the company reported strong earnings following Wednesday's market close. Shares have also been buoyed by increasing analyst optimism for the company, particularly after Avago raised its guidance.

source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/10-best-rising-stocks-to-invest-in-2016.html