News Formal

3 chip stocks to buy to play a rebound in SOX: BofA

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

3 chip stocks to buy to play a rebound in SOX: BofA

Bank of America analysts have identified three semiconductor stocks that they believe are poised to outperform as the SOX index faces a potential rebound in the fourth quarter.

"If history is any guide, SOX could recover starting in October, with CQ4 and CQ1 the two strongest quarters for semi stock performance ," wrote the bank. While the note acknowledges ongoing volatility and the potential for a slower, more recessionary scenario, the analysts maintain that these three stocks are well-positioned to benefit from a benign rebound in the SOX index.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

4 software stocks to consider as they prepare to announce results4 software stocks to consider as they prepare to announce results - BofA
Source: Investingcom - 🏆 450. / 53 Read more »