. >> since i can't think of anything good in the z world, i'm going to do the x world, xilinx wait a this stock has gone from 70 to 95 in a straight line from the middle of november that's correct a lot of chip stocks were getting bludgeoned over that period of time, here's a stock that actually went higher. that in my world is a bit of a tell ai all the rage in 2019. i think it will be field programmable gate array. don't ask me what it means, but it basically means instead of the chips being programmed at the manufacturing plant, they get programmed on site internet of things, ai, that's all anybody should be talking about in 20189 and xilinx is at the top of the food chain. it is a possible takeover candidate. remember broadcom/qualcomm i wouldn't be surprised with a 23, $24 billion market cap that xilinx becomes attractive. the smart question will be, somebody is going to ask, valuation is ridiculous. it is. at 26 times forward earnings it's expensive the real issue is are they going to grow into that multiple sort of like nvidia did i think they're in the right space at the righ

so this is a name if we have to pick a name in the semi space, go with individual names xilinx is a placee would look. we certainly wouldn't look to buy the sector as a whole. >> always a cyclical group and maybe a little on the wrong side of the cycle at this point matt and stacey, thank you for joining us for more "trading nation" head to our website or follow us on twitter, @tradingnation. >>> i was going to talk about aliens with that saucer formation. let's check on apple shares. their valuation below the historical average talking about 12 times forward earnings is apple just too cheap to pass up or is sentiment on the street still bearish. >>> stocks giving up a 368-point gain this morning. we'll look at what is taking us lower and why. there's the dow right now trying to make a comeback it might go back into the green before the end of the hour "power lunch" is back in two >>> and now the latest from tradingnation.cnbc.com, and a word from our sponsor. >> daily price fluctuations of individual stocks can offer trading opportunities. however, if you're unhappy with your returns whi