Skyworks Solutions (SWKS 91.60) reached its Minimum Sell Price of 92.81 today. Fourth-quarter sales and earnings declined but 2017 results will likely improve. Management’s favorable outlook sent Skyworks’ shares higher during the past week. Now is a good time to take advantage of the rise.
Skyworks Solutions was first recommended in October 2015 at 79.93. The company was featured in the Cabot Enterprising Model using the Low PEG Ratio analysis. SWKS has advanced 16.35% in the past 15 months compared to a gain of 13.56 % for the Standard & Poor’s 500 Index during the same time period.
I recommend selling your SWKS shares now.