Today, investors have access to huge amounts of information that can help in pointing towards the best stocks to pick up. So much information, in fact, that it can often result in overload and confusion, rather than providing a clear signal.
Therefore, it might be best to stick to an uncomplicated regime and let the stock picking experts lead the way. And on Wall Street, right now Jeffries analyst Mark Lipacis is the best of the lot. According to TipRanks, a platform that tracks and measures the performance of anyone giving financial advice online, over the past year, 72% of Lipacis’ recommendations have been successful. At the same time, his choices have generated an average return of 29.7%. These metrics have positioned the 5-star expert as the Street’s Top Analyst.
Recently, Lipacis has been writing up positive reviews for a pair of semiconductor stocks, believing they are primed to push ahead from here. So, let’s see what it is about these names that makes them stand out from the pack.
GlobalFoundries (GFS)
The first semiconductor stock we’ll look at is GlobalFoundries, an important player in the US chip industry with a large multinational presence. The company is based in Malta, New York, and has operations in the US, in the EU, and in East Asia, with a large footprint in Singapore. The company’s products are found in smart mobile devices, in IoT applications, in personal computing, and in the automotive, aerospace, and defense industries.
Unlike many US-based chip makers, GlobalFoundries has maintained a strong presence in its home country – with design and R&D centers on the West Coast and manufacturing and foundry facilities in the Northeast. This gives the company a built-in advantage at a time of increasing geopolitical tensions with China – a major tech competitor – over Taiwan – the world’s largest chip exporter. In addition, GlobalFoundries is proactive at protecting its intellectual property, and recently filed a lawsuit against the tech and business giant IBM, alleging trade secret misappropriation.
Story continues
A homefield…
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