Here's the break down:
Symbol | Company Name | Buy Price($) | Current Price($) | % gain |
INVN | Invensense | 11.87 | 21.69 | 82.7 |
ADNC | Audience, Inc. | 16.28 | 10.67 | -34.5 |
AMBA | Ambarella, Inc. | 16.79 | 29.46 | 75.5 |
SYNA | Synaptics, Inc. | 38.77 | 57.03 | 47.1 |
HIMX | Himax Tech., Inc. | 6.48 | 14.41 | 122.4 |
Average % gain | 58.6 |
As you can see, our progress for midterm (half to one year) gain was not so shabby - average at 58.6%. I still believe these companies will hold up well in the current market. This only miss was ADNC, which didn't do as well as expected and did not go through M&A. However, I believe ADNC will pick up in the future. INVN is still my top holds since it has a big growth potential going forward to 2015 and on. Therefore, I recommend buying INVN for long term. As for AMBA, SYNA, HIMX, you could choose to sell for short term or hold for long term, depending on how well the google glass and smart phone sector is doing and if they remain as market leader in their specialty.
Have fun trading this year.
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