Jefferies names 3 chip stocks to buy after the sell-off, giving all over 50% upside

  • 📰 CNBC
  • ⏱ Reading Time:
  • 15 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 72%

ASML Holding NV Nyheter

ASML Holding NV,ASM International NV,VAT Group AG

Each of Jefferies chip stock picks have more than 50% upside.

Amid a recent downturn in semiconductor stocks, Jefferies has identified three "top picks" in the sector, which it says present investors with a buying opportunity. The chip industry has experienced a substantial sell-off since mid-July, primarily driven by sector rotation and compounded by fears surrounding China-related restrictions and concerns about artificial intelligence demand, according to the investment bank.

has fallen a further 7% since the note was released. The analysts emphasized that the current market conditions should not be viewed as a cause for alarm but rather as a chance for strategic investment as they see semiconductor demand soon gaining momentum.

YTD line

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 12. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker