Following the recent Linley’s carrier conference, Pacific Crest analyst John Vinh released a report outlining the firm’s updated outlook for semiconductor stocks. Vinh believes that the environment will remain challenging, but has an overall bullish outlook for a pair of names in the space.

Peak Capex

According to Vinh, developments at the conference indicate that carrier capex will continue to be weak throughout the remainder of 2015. Prior expectations were for a recovery in capex during the second half of the year.

Peak Macro Base Station Deployments

In addition to a weak capex forecast, Pacific Crest is now expecting…

Read the rest of this article (and all my other articles) for free on Benzinga by clicking here

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!