Subscribe to Money Morning get daily headlines subscribe now! Money Morning Private Briefing today's private briefing

One of the Top Hedge Funds Just Did This Trade – and You Can Do It Cheaper

Two years ago - when microchip specialist Avago Technologies Ltd. (Nasdaq: AVGO) said it would buy rival LSI Corp. - we had reason to celebrate.

We'd recommended LSI to you about 18 months before that. And the buyout meant that folks who acted on our call cashed out with a gain of more than 70%.

Usually, a buyout like that is end of the story for us - because we tell you to sock away the windfall until we find the next big profit play for you.

But the LSI deal was different.

Indeed, we liked it so much - and were so intrigued by the opportunities the newly merged company would find - that we told you to grab a stake in Avago.

Leave a Reply

Your email address will not be published. Required fields are marked *

Some HTML is OK