Focus Stock of the Week (STM)
Profit from the Semiconductor Shortage
You may have trouble finding the latest gadget this Christmas due to the semiconductor shortage but don't let the Grinch keep you down. With a few mouse clicks you could profit from this situation handsomely and be smiling all the way to the bank.
As you should know by know the modern age is controlled by semiconductors: phones, laptops, appliances, tvs you name it and it likely has these tiny chips.
STMicroelectronics (STM) is a $40 billion semiconductor giant.
It makes chips for everything from your phone to your washing machine and even your electric toothbrush. The company is minting cash with revenue up 43% year over year at roughly $3 billion.
The share price has responded nicely and expects continued good time ahead. As the shortage gives STM pricing power additional revenue should be flowing easily. Take a look today!
Divider provided by barge
Disclosure: I wrote this article myself, and it expresses my own opinions. I have no business relationship with any company whose stock is mentioned in this article. The information provided should NOT be considered advice. The topics discussed are risky and have the potential to lose a substantial amount. I am not an investment professional and therefore do not offer individual financial advice. Please do your own research before investing.
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