'If you use a mobile phone with a camera, thank Tessera (NASDAQ: ),' says Mike Cintolo in The Cabot Top Ten Report. "When it comes to miniaturization, Tessera is the go-to company.'

'Tessera is one of the companies that drove the price of camera components down by miniaturizing them and combining them on a single chip.

'You’ll ?nd its technology in MP3 players, video games, wireless phones, computers and numerous other products where companies are forever working to design products smaller and manufacture them more cheaply.

'But Tessera does very little manufacturing. Mostly, it develops technology and then licenses it to manufacturers. The result is pro? t margins like 41.9%!  Today Tessera is strong because the technology industry is rebounding quickly.

'Second quarter earnings will be released August 4, and you can expect to hear good news. TSRA appeared here on June 15 and 29, both times trading at 25, waiting to break above early-June resistance at 27.

'Now it has, breaking through cleanly on big volume last week as soon as the pressure came off the market.  So what’s next?

'There’s no obvious resistance until the 45-46 area, where the stock topped out in 2005, 2007 and early 2008. So if you’ve got it, hold on tight.  If you don’t own yet, buy now—Tessera is a great growth company.'