• Difficult to find in an expensive market; a beautiful, well-run company that isn’t expensive.
• Its acquisition-based strategy is paying off pretty well, which is no mean feat.
• There is upside from some accelerating segments and financial deleverage.
• The company can also be a take-over target.

Source: Microsemi Is Still Reasonably Priced – Microsemi Corporation (NASDAQ:MSCC) | Seeking Alpha