September 19, 2006
SpeculatingStocks.com Stock Pick: Integrated Device Technology, Inc. (IDTI)
Stock Price: $16.11 (long-term strong buy)
Integrated Device Technology, Inc. is a leader in developing and delivering vital semiconductor solutions that enable customers to accelerate innovation. IDT solutions help customers solve complex system design challenges associated with the evolving requirements of communications, computing and consumer applications.
Microsoft will be releasing Windows Vista for consumers next year and with that release comes higher PC demands. Vista will require much higher memory capacity and semiconductor solutions.
IDTI will be there for the PC companies forced to adapt to Microsoft's new operating system. We expect this to create a break out year for IDTI.
IDTI has been spending huge amounts of money on R&D and mind power to take full advantage of the upcoming demand.
SpeculatingStocks.com Target Price: We expect IDTI to reach $30.00 within the next 6 - 12 months.