• SNPS

Synopsys earnings beat by $0.10, revenue topped estimates

Synopsys reported Q4 EPS of $3.40 and revenue of $1.64B, exceeding estimates. Stock rose 26.73% in 3 months. Financial health rated as great.

• ADI
• ALGM
• ARM
• CDNS
• MPWR
• MXL
• NXPI
• ON
• SNPS
• TXN

Wells Fargo initiates coverage of chip stocks; ON Semiconductor, Arm at Overweight