Stock Groups

2 Under the Radar Semiconductor Stocks to Buy Before Another Breakout By StockNews


© Reuters. 2 Under the Radar Semiconductor Stocks to Buy Before Another Breakout

As the current semiconductor shortage is expected to be addressed, thanks to the large-scale investments across the globe to boost production, we believe fundamentally strong under-the-radar semiconductor stocks Axcelis Technologies (NASDAQ:) and Cohu Inc. (NASDAQ:) could be worth buying. Let’s discuss.The global semiconductor shortage has created production disruptions in several industries, primarily consumer electronics and electric vehicles (EVs). To identify potential semiconductor chip hoarding or to alleviate bottlenecks which have prevented U.S. auto production from increasing and causing shortages, the Biden Administration is looking at the Defense Production Act. The National Semiconductor Economic Roadmap is a program that was introduced in Arizona by leaders. It aims at improving the infrastructure of the United States and the supply chains to support the chip industry’s growth.

Although the chip industry will face a long-term shortage due to lean stock and delays in production, global governments are taking steps to improve security of supply chains.

These are just two examples of solid investments: Cohu Inc. and Axcelis Technologies Inc., both quality semiconductor stocks that have been under the radar.

Continue reading on StockNews

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. CFDs include futures, stocks, indexes and Forex. Prices are provided not by the exchanges. They are provided by market makers. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.