A top pick for March: Maxlinear Inc


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MaxLinear is a provider of RF, analog, digital, and mixed-signal integrated circuits. It is a supplier for the cable and satellite broadband communications and the connected home, and wired and wireless infrastructure markets. It is benefiting from the push for 5G adoption.

Earlier this month the firm posted an earnings beat. Revenue also came in above views, increasing 178% year-on-year to $194.7 million.

Last year the firm snapped up Intel's (INTC) Home Gateway Platform Division assets. The division's products include Wi-Fi Access Points, Ethernet and Home Gateway SoC, which are supplied to the operator and retail markets. MaxLinear is also benefiting from last year's acquisition of NanoSemi. Its technology enables higher throughput connections for 5G and Wi-Fi base stations and smartphones. It also reduces energy consumption

"In the fourth quarter, we posted record revenue, up 24% sequentially, due to stronger-than-expected demand for broadband access and connectivity products," MaxLinear CEO Kishore Seendripu said in a news release. "The fourth quarter represented the first full of quarter of ownership of the Intel and NanoSemi assets, with which we are making tremendous progress on the respective integration efforts."

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