5 Best Healthcare Technology Stocks To Watch Right Now

5 Best Healthcare Technology Stocks To Watch Right Now: Cypress Semiconductor Corporation (CY)

Cypress Semiconductor Corporation designs, develops, manufactures, and markets mixed-signal programmable solutions, specialized semiconductor memories, and integrated semiconductor solutions. The companys Memory Products division designs and manufactures static random access memory (SRAM) products and nonvolatile SRAMs used to store and retrieve data in networking, wireless infrastructure and handsets, computation, consumer, automotive, industrial, and other electronic systems, as well as offers general-purpose programmable clocks. Its Data Communications division focuses on universal serial bus (USB) controllers, WirelessUSB peripheral controllers, and module based solutions for trackpads and other user interface applications used in PC and peripheral, industrial automation imaging, security camera, and in consumer devices, such as mobile handsets and set-top boxes. The companys Programmable Solutions division designs and develops programmable product offerings, incl u ding Programmable System-on-Chip (PSoC) devices, as well as CapSense and TrueTouch touch-sensing/touch screen products; and automotive products. This segments PSoC products are used in various industrial applications, mass storage, household appliances, laptop computers, and toys; TrueTouch touch screen products are used in mobile phones, tablets, e-readers, GPS, automobiles, digital cameras, and other mobile systems; and CapSense devices are used in various applications that employ buttons or sliders, including handsets and various other consumer, industrial, and automotive applications. Its Emerging Technology division provides foundry services, as well as other development stage activities. The company sells its semiconductor products through distributors, manufacturing representative firms, and its sales force to direct original equipment manufacturers and their manufacturers worldwide. Cypress Semiconductor Corporation founde! d in 1982 and is headquartered in San Jo se, California.

Advisors' Opinion:

• [By Evan Niu, CFA]

  What: Shares of Cypress Semiconductor (NASDAQ: CY  ) have popped today by upwards of 11% after the company reported better-than-expected earnings.

• [By Jon C. Ogg]

  Cypress Semiconductor Corp. (NASDAQ: CY) was maintained as Buy, but earnings estimates were cut and the price target was cut to $13 from $15, by Sterne Agee. Wedbush downgraded it to Neutral from Buy after the warning.

• [By Jake L'Ecuyer]

  EZchip Semiconductor (NASDAQ: EZCH) was also up, gaining 7.16 percent to $24.11 after a Cisco (NASDAQ: CSCO) announced a new product that would not threaten the company as previously thought. Equities Trading DOWN
  Shares of Cypress Semiconductor (NASDAQ: CY) were down 16.05 percent to $9.91 after the company lowered its Q3 forecast.

• [By Eric Volkman]

  Cypress Semiconductor (NASDAQ: CY  ) continues to reward its stockholders. The company has declared a quarterly dividend of $0.11 per share of its common stock, to be paid on July 18 to shareholders of record as of June 27. This amount is in line with Cypress Semiconductor's previous five distributions, the most recent of which was handed out in mid-April.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/5-best-healthcare-technology-stocks-to-watch-right-now-2.html