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Time to Take Profits in Chip Stocks?

in News on June 3, 2008 at 11:45 am PT

You might want to take some money off the table in chip stocks. That’s the advice this morning from American Technology Research analyst Doug Freedman. He notes that of the 19 companies he follows, 14 have posted gains of 5% to 25% since he upgraded the sector on April 4.