This won’t be the last 50% pop in this sector…

Quite a power move higher in the markets and most individual stocks this afternoon.  Indeed, that’s the kind of stealth rally that can make the bears quiver in their boots. Someone’s quivering in their boots anyway:

The calls in the portfolio continued to kick in again today, as Sandisk and Marvell both led the semi’s higher.  Netlogic is being bought by Broadcom for more than $3 billion –a 50% premium.  What does Netlogic make that Broadcom wants so badly?

Netlogic’s products are designed into various systems, such as switches, routers, wireless base stations, access aggregation, radio network controllers, security appliances, networked storage appliances, service gateways, and connected media devices offered by original equipment manufacturers.

You know, that whole App/Smartphone/Tablet/Cloud infrastructure thing we’ve been investing in.  This won’t be the last 50% pop in this sector.  Hopefully we’ve got the next one on our sheets already.

Thanks for reading and let’s be ready to hit it full-speed again tomorrow.