Targarean
2022-07-02

On the other hand, he notes that chip stocks tend to bottom six to 12 months before fundamentals -- and that the group could begin to perform better in the third quarter. He advises playing three structural trends: the growth of cloud computing, the opportunity in electric and autonomous vehicles, and the growth in capital spending to expand chip-making capacity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • gcchan90
    2022-07-02
    gcchan90
    chips stocks are on downtrend
    • Targarean
      They’re cyclical though so uptrend will follow
  • xuero
    2022-07-02
    xuero
    oh no! more dip before seeing lights [Surprised] [Cry]
  • Maria_yy
    2022-07-03
    Maria_yy
    Thanks for your excellent post.
  • SiFu
    2022-07-02
    SiFu
    thanks author for the update
  • Junweicool
    2022-07-02
    Junweicool
    Volatility is still the main play now
  • Gunners80
    2022-07-02
    Gunners80
    nice
Leave a comment