LSI is up around 6% this year and overall 19% ub the chip space that is very impressive as most were real losers in 2012 and again do not look to good in 2013.
Why was and is LSI doing so well - simple - profit last 3 quarters.
For the past three quarters, the company has seen revenue increase. In third quarter, revenue rose 14.1% to $624 million while the figure rose 31.7% in the second quarter from the year earlier and 31.5% in the first quarter.
The majority of analysts (70%) rate LSI as a buy. This compares favorably to the analyst ratings of its nearest 10 competitors, which average 39.9% buys. Analyst sentiment has improved recently, as the number of buy ratings has risen slightly over the past three months.
LSI Corp. designs, develops, and markets high-performance storage and networking semiconductors. Its products include integrated circuits that are used in disk drives, solid state drives, high-speed communications systems, computer servers, storage systems, and personal computers.
We have own this one for over a year but have sold and bought over time. Really bias on this one.