Skyworks Solutions is one chip stock that traders should take another look at, according to investor Jenny Harrington. The Gilman Hill Asset Management CEO said she bought the chip stock after Skyworks' most recent earnings call last week, saying the name looks more compelling than some of its peers after she learned how the firm managed through its inventory. "You need to look at each semi right now as its own.
What they do is they make communications chips. And so every cell phone we have uses them," Harrington said. What's more, Skyworks has little exposure to China, meaning it does not have the same inventory issues as some of its competitors, she said. Additionally, the company is expected to grow its earnings significantly, making it a "compelling technology investment.