Is This Apple Supplier a Buy Before Its Next Earnings Report?

Skyworks Solutions (NASDAQ: SWKS) didn't get much love from investors at the end of April despite delivering a solid set of earnings results that cleared Wall Street's expectations. Share prices of the chipmaker fell substantially after its Q2 earnings report nearly three months ago, but they have regained their mojo since then.

Thanks to the recent surge, Skyworks stock price finished the first half of 2021 with respectable gains of 26%. The company will release its fiscal third-quarter results on July 29, which could act as a catalyst for the stock and send it even higher in the second half of the year and beyond. Let's see what's expected of Skyworks and why it may be a good idea to buy the stock before its upcoming earnings report.