Is Skyworks Solutions Stock a Buy?

Skyworks Solutions (NASDAQ: SWKS) produces a wide range of radio frequency chips for the mobile, automotive, wireless infrastructure, home automation, and industrial markets. It generated 51% of its revenue from Apple (NASDAQ: AAPL) last year, so its stock often rises and falls with that of the iPhone maker.

Skyworks' business also goes through cycles. For example, Skyworks' stock has rallied nearly 30% over the past five years, but has doubled to an all-time high over the past 12 months. Let's see if Skyworks is still worth buying today.

Image source: Getty Images.

Continue reading

Source Fool.com