Wednesday, July 22, 2009

Under the Cypress Semiconductor tree

One tech stock I wish was under my Christmas tree last year: Cypress Semiconductor (NYSE:CY). The stock hit another 52-week high today making this the 18th week since late February that the stock has climbed to a new high. The stock was a Stock Trends pick in early February when it traded at $5.23 and has been on a powerful rally since. Shares reached $10.55 today and look to advance further as the tech sector gathers momentum.

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