Investors in semiconductor stocks have been waiting for almost two years for signs of sustained (or sustainable) improvements in the industry. Companies as varied as ON Semiconductor (Nasdaq:ONNN), Analog Devices (NYSE:ADI), and International Rectifier (NYSE:IRF) have been showing some signs of progress, though it seems like every quarter's guidance is fraught with uncertainty. While International Rectifier reported a quarter with strong sequential revenue growth and better margins, additional margin and cash flow generation improvement is necessary if this stock is going to continue its recovery.
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http://www.investopedia.com/stock-analysis/082013/international-rectifier-recovering-margins-need-pick-irf-ifnny-onnn-stm.aspx
Investopedia: International Rectifier Recovering, But Margins Need To Pick Up
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