Skyworks Solutions Inc. (SWKS)

[inversor86]

I listened to calls for other stocks in past and despite sounding positive and upbeat, the stock was down. This told me I didn't know what to listen for. I started listening to calls for multiple companies, stocks I didn't even own, then watching the trading and writeups that followed. Do this and you'll hone your skills some. I found out that they almost always sound positive, regardless of the reality they face. Management won't get on a call and say, "well, things were hard for us this quarter because Apple has used up all the good ideas in the pipeline left from when Steve Jobs was alive, and now they are only selling products to old people and fanboys."

Skyworks had better numbers last year and the big run up probably partly had something to do with expecting if Qualcomm did well then SWKS would too. The fact that this wasn't the case bothers me. Inventory build is high. Their guidance wasn't anything special. They beat on earnings per share but revenue was actually a bit under expectations. All in all it needed to be GREAT and it was just ok.