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GainersToday.com, Tracking Stock Market Picks
Enter Symbol:
 
Pmc - Sierra, Inc. (PMCS) [hlAlert]

Rating:
Buy PMCS
down 26.13 %

PMC Sierra (PMCS): Marcie Wilmot's top stock for 2010

Posted on: Saturday,  Feb 20, 2010  9:59 PM ET by The Stock Advisors Top Stocks For 2010

The Stock Advisors Top Stocks For 2010 rated Buy Pmc - Sierra, Inc. (NASDAQ: PMCS) on 12/24/2009, when the stock price was
$8.57. Since then, Pmc - Sierra, Inc. has lost 26.14% as of 01/08/2016's recent price of $6.33.
If you would have followed this The Stock Advisors Top Stocks For 2010's recommendation on PMCS, you would have lost 26.13% of your investment in 2206 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.

Looking for a shopping list of new stock ideas for 2010? Each year for 27 years, TheStockAdvisors.com has turned to the nation's most respected and well-known newsletter advisors and asked them for their single favorite stock or fund ideas for the coming 12 months. With 80 advisors participating in this year's survey, there's something for every type of investor, from high quality blue chips to speculative home runs. While past performance is never a guarantee of future results, we would note that the stocks chosen by the 75 advisors participating in last year's report outperformed the general market by nearly 80%. Specifically, the 75 stocks and funds selected for our 2009 Top Picks report recorded an average year-to-date gain of 34%, versus a 19% gain by the broad market over the same period. Gainer's Today tracks stock picks and ranks the accuracy of 120 investment research firms. As of 12/23/09, our 2009 Top Picks report was ranked #1 for the past year. Kudos to all the participating advisors. The stocks and funds chosen for this report are the best ideas of the nation's top advisors at this current time. However, company fundamentals and market conditions change, and a stock that is considered a strong buy today can become a sell based on future events. As always, we caution all investors to only use these ideas as a starting place for your own research and only buy stocks that meet you personal investing criteria, risk parameters, and investment time horizon.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/24/2009 4:00 PM Buy
None
8.57
as of 12/31/2009
1 Week up  1.40 %
1 Month up  1.40 %
3 Months   
1 YTD up  1.40 %

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