2 Semiconductor Stocks to Buy in July, 2 to Avoid

This post was originally published on this site


Favorable government policies and private investments to address a global semiconductor shortage have helped the industry achieve this significant improvement in sales. The worldwide semiconductor market is expected to grow 19.7% in 2021 to hit $527 billion. As such, we believe fundamentally sound semiconductor stocks Applied Materials, Inc. (AMAT) and Himax Technologies Inc. (NASDAQ:HIMX) will be able to cash in on the improving supply conditions.

However, supplies have not yet caught up with the current demand levels. And because the global supply is expected to remain under pressure in the near term, we think fundamentally weak companies Marvell Technology Group Ltd . (MRVL) and Cree, Inc. (CREE) might struggle to stay afloat.

Continue reading on StockNews

Add Comment