This Top Growth Stock Has Doubled Since March, and It Can Go

This Top Growth Stock Has Doubled Since March, and It Can Go Higher


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Harsh has been covering technology, and sometimes retail, since 2011. He is focused on finding great businesses for the long run. You can follow him on twitter @techjunk13
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Skyworks Solutions (NASDAQ:SWKS) entered 2020 on its back foot thanks to the weakness in smartphone sales last year and its reliance on Huawei for a nice chunk of revenue. But the chipmaker looked like a promising bet for growth investors a year ago thanks to a potential spike in sales of 5G smartphones and its close relationship with
Apple.
A year since making my recommendation, Skyworks Solutions has outperformed the broad market. What's more, the stock has more than doubled in value since hitting its 52-week low during the coronavirus-fueled crash in March.

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