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The stock market is expected to experience significant volatility in the coming weeks as investors’ concern regarding the Fed’s upcoming decision on bond tapering and interest rate hikes remains. Thus,...
Taiwan Semiconductor Manufacturing Company Limited(NYSE:TSM): Increasing government support to ramp up semiconductor production to meet surging demand from various industries should drive the semiconductor industry’s growth. This, combined with impressive chip-making technological breakthroughs, should benefit popular chipmakers Taiwan Semiconductor Manufacturing (TSM) and ASML Holding (ASML). But which of these stocks is a better buy now? Read more to find out.
Applied Materials, Inc.(NASDAQ:AMAT): Increasing investments are being made in the semiconductor industry to address a global chip shortage and meet surging demand across industries worldwide. This, along with recent technological breakthroughs, makes the prospects bright for companies in this space. As such, both Applied Materials (AMAT) and Lam Research (LRCX) should benefit from the industry’s growth. But which of these stocks is a better buy now? Let’s find out.
Micron Technology, Inc.(NASDAQ:MU): An increasing reliance on wireless technology and cloud computing, and enterprises’ massive spending on strengthening their analytical capabilities, have been driving the technology industry’s growth. Given this backdrop, we think fundamentally sound tech stocks Micron (MU), Qorvo (QRVO), and Fair Isaac (FICO), which have suffered price declines lately, could be solid bets now. Let’s discuss these stocks.
Micron Technology, Inc.(NASDAQ:MU): A solid third-quarter earnings season could offset investors’ concerns over inflation and other lingering issues in the near term, leading to a Q4 rally. So, it could be wise to add fundamentally sound stocks Micron Technology (MU), Foot Locker (FL), Nu Skin (NUS), and MRC Global (MRC) to your portfolio now. Wall Street analysts expect these stocks to rally more than 35% in the near term.