Watch out, Chip Counters
Evidence is here; GM's earnings are meeting market demands as semi-conductor chip supplies are still available to meet manufactoring needs. This broadly contradicts the views of those who hang onto the narrative that chip shortages will create a premium price for Chip counters.
Going forward, I'd look for counters that are able to take advantage of their postion in securing resources to meet on-going consumer and business demands - esp. those where consumers and businesses are willing to pay a premium for such counters' products and services.
To end this article, I probably won't take a position in GM though - simply for the reason that its earnings trajectory to-date looks uneven.
Happy trading and make the best of your hard-earned money. [Happy]
https://www.bloomberg.com/news/articles/2022-04-26/gm-raises-outlook-tops-profit-views-with-chip-shortage-easing
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