Friday, October 29, 2010

Is MIPS a Good Judge of Speed? (NASDAQ: MIPS)

MIPS Technologies was up sharply today hitting a fresh 52-week high. The stock rose 5.83% after Mad Money's Jim Cramer interviewed the CEO on his show. The company specializes in processor architectures that can be found in common digital household items. Jim highly recommended the stock to his viewers.

MIPS closed at $14.70 today hitting an intra-day 52-week high of $14.96.

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