We are adding the following credit spreads to our March recommended list.
We are recommending credit spreads in the following issues.
BRCM - Broadcom Corporation is a leading developer of highly integrated silicon solutions that enable broadband digital data transmission to the home and within the business enterprise. The company's products enable the high-speed transmission of data over existing communications infrastructures, most of which were not originally intended for digital data transmission. The company has designed and developed integrated circuits for some of the most significant broadband communications markets.
OMX - OfficeMax, Incorporated is a leader in both business-to-business and retail office products distribution. OfficeMax delivers an unparalleled customer experience - in service, in product, in time savings, and in value - through a relentless focus on its customers. The company provides office supplies and paper, print and document services, technology products and solutions, and furniture to large, medium and small businesses and consumers.
AKAM - Akamai Technologies Inc. is the leading global service provider for accelerating content and business processes online. Thousands of organizations have formed trusted relationships with Akamai, improving their revenue and reducing costs by maximizing the performance of their online businesses. Leveraging the Akamai EdgePlatform, these organizations gain business advantage today, and have the foundation for the emerging Web solutions of tomorrow.
SNDK - Sandisk Corporation designs, manufactures, and markets flash memory storage products that are used in a wide variety of electronic systems. The company have designed flash memory storage solutions to address the storage requirements of emerging applications in the consumer electronics and industrial/communications markets. Its products are used in a number of rapidly growing consumer electronics applications, such as digital cameras, personal digital assistants, portable digital music players, digital video recorders and smart phones.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.
Put credit spreads = bullish put spreads.