Chip Stocks On The Cheap

The Trump administration’s move to effectively ban U.S. companies from doing business with Chinese smartphone and telecom equipment giant Huawei, along with the state of the U.S.-China trade relationship more broadly, exerted downward pressure on semiconductor stocks in May – leading one analyst to suggest that “a lift of either would likely send the semiconductor industry materially higher (5% to 10%, in our view)”. For three beaten-down chip stocks with Huawei exposure that could be winners in a relief rally – and some specific trading guidance for each – CLICK HERE.