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Watch out, Chip Counters
@ThinkOrSwim: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
Watch out, Chip CountersDisclaimer: 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.