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Enter Symbol:
 
Pmc - Sierra, Inc. (PMCS) [hlAlert]

Rating:
Hold PMCS

Pmc - Sierra, Inc. (PMCS) rated Hold with price target $5.50 by Wunderlich

Posted on: Tuesday,  Oct 30, 2012  8:25 AM ET by Wunderlich

Wunderlich rated Hold Pmc - Sierra, Inc. (NASDAQ: PMCS) on 10/30/2012. Previously Wunderlich rated Buy Pmc - Sierra, Inc. (NASDAQ: PMCS) on
08/12/2011., when the stock price was $5.79. Since then, Pmc - Sierra, Inc. has lost 8.81% as of 07/31/2012's recent price of $5.28.
If you would have followed the previous Wunderlich's recommendation on PMCS, you would have lost 8.8% of your investment in 354 days.

PMC-Sierra, Inc. (PMC) designs, develops, markets and supports semiconductor solutions for the enterprise networking, wide area network infrastructure, and access network markets. The Company offers worldwide technical and sales support through a network of offices in North America, Europe and Asia. It has approximately 350 different semiconductor devices that are sold to equipment and design manufacturers, who in turn supply their equipment principally to service providers, carriers and enterprises globally. During the fiscal year ended December 28, 2008 (fiscal 2008), PMC?s revenues were derived approximately 50% from the access and wide area network markets, and 50% from the enterprise networking market.

Advising private clients is a long-term and relationship-guided process. The Financial Advisors at Wunderlich Securities recognize that serving individuals and families requires an understanding of their individual goals and needs. Our approach involves a cycle of service. Wunderlich's Financial Advisors work with each client to design, implement and monitor a plan that serves the client's needs. We utilize a variety of high-quality investments including stocks, bonds, mutual funds, options and annuities to build diversified and balanced portfolios.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/30/2012 8:25 AM Hold
None
4.89 5.50
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD down  -4.17 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2012 10:25 AM Hold
None
5.28 6.50
8/12/2011 8:25 AM Buy
None
5.79 10.00

(*) Stock Price at the time of the recommendation.
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