There aren't too many beat-and-raise earnings stories in the semiconductor space these days, so Avago's (Nasdaq:AVGO) fiscal second quarter report is all the more impressive. Better still, the company not only has a strong position in next-gen smartphones (through its dominance of the FBAR market), but can look forward to recoveries in networking and industrial demand over the coming year. While Avago isn't a shockingly cheap stock today, it looks like a good mix of growth, quality, and value.
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Investopedia: Avago's Beat-And-Raise Speaks To A Strong Story
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