Topic: How To Invest

Pat: Can I have your view on InterDigital? Thanks.

Article Excerpt

InterDigital, $53.51, symbol IDCC on Nasdaq (Shares outstanding: 44.3 million; Market cap: $2.4 billion; www.interdigital.com), designs, develops and sells wireless technologies and products around the world. The company’s products are mainly used in mobile devices, including cellphones, wireless personal digital assistants and notebook computers, as well as base stations and other wireless infrastructure equipment. InterDigital licenses its technologies to manufacturers. It also offers wireless products. InterDigital licensing revenues should continue to rise with the growing wireless industry. The stock has almost doubled since September, but it trades at 17.5 times the $3.05 a share that InterDigital is likely to earn in 2011. InterDigital is okay for aggressive investors to hold. hold. …