Freescale Semiconductor is on the Upside

Freescale Semiconductor (FSL), the chip company spun off from Motorola in 2004, is on the upside. FSL designs and manufactures semiconductors for automotive, consumer electronics, industrial control, motor control, networking, and wireless applications. Motorola accounts for about 25 percent of Freescale's revenues but FSL is intent on diversifying its customer base.

FSL is a volatile stock so buy it on temporary dips in price.