Chip stocks have rebounded this year after performing poorly in 2022. The PHLX Semiconductor Sector Index is up nearly 17% in the year to date, making this sector one of the brightest spots in the market turmoil. Is there more upside?
Pro trawled through Wall Street research to look for semiconductor stocks that Goldman Sachs and Morgan Stanley expect will grow in value. Morgan Stanley In an April 24 note, Morgan Stanley said it expects a "headwind for most broad based companies" toward the second half of the year. But it expects further upside for the following stocks, which it rated equal weight.
's Michael Bloom contributed to this report.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stock market picks: Goldman Sachs strategist bullish on metals, miningInvestors should own metals and mining stocks as commodities are the next sector to boom after China's reopening, Goldman Sachs chief equities strategist says
Source: BusinessInsider - 🏆 729. / 51 Read more »