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2 Red Hot Semiconductor Stocks to Buy

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Sun, Oct 27, 2024 01:07 PM

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Global semiconductor revenue is up 16% from 2023 here. Prefer to view this content on our website? -

Global semiconductor revenue is up 16% from 2023 [Morning Watchlist] You are receiving this email because you are subscribed to Behind the Markets. If you no longer wish to receive these emails, please [unsubscribe]( here. Prefer to view this content on our website? [Click here.]( --------------------------------------------------------------- Dear Fellow Investor, 2024 was a solid year for the global semiconductor market. All thanks to substantial demand for chips for artificial intelligence, a turnaround in the smartphone market, and a recovery with personal computers. All of which is expected to push global semiconductor revenue to $611.2 billion, up 16% from 2023. 2025 could be even better. In fact, the industry believes earnings could jump another 12.5% next year to $687.5 billion. --------------------------------------------------------------- Paradigm Press [EXPOSED: The Dems’ Illegal Plot to Keep Trump Out of Office]( [kamala]( Former CIA Advisor Jim Rickards is putting his career on the line. After accurately predicting Biden’s drop out, he’s now exposing the Democrats’ plan to keep Trump out of the White House… even if he wins the election. We may be headed towards societal meltdown. Please keep this information confidential. [WATCH the Live Presentation.]( --------------------------------------------------------------- That could all have a big impact on semiconductor stocks, including: Company: Micron Technology (SYM: MU) Some of the biggest beneficiaries of the semiconductor boom could be memory stocks, such as Micron Technology (SYM: MU). That’s because, according to TrendForce.com, “DRAM and NAND Flash revenues are expected to see significant increases of 75% and 77%, respectively, in 2024, driven by increased bit demand, an improved supply-demand structure, and the rise of high-value products like HBM. Furthermore, industry revenues are projected to continue growing in 2025, with DRAM expected to increase by 51% and NAND Flash by 29%, reaching record highs.” Helping, analysts at Raymond James recently raised its price target on MU to $140, citing strong fourth quarter numbers and memory cycle optimism. --------------------------------------------------------------- Marketbeat [Yours Free: My Top 7 Election Year Stocks]( With the 2024 election barreling toward us, now is the time to prepare your portfolio. All signs point to another nasty election cycle that looks too close to call. So the best strategy now is to own stocks that have a strong history of post-election gains no matter which party wins. We’ve pinpointed 7 stocks that do just that. And you can [get their names free for a limited time in our new report, “7 Stocks to Own Before the 2024 Election.”]( (By clicking the link above, you will get this free report and a free subscription to MarketBeat's daily email newsletter. You are also agreeing to the terms of our privacy policy. Unsubscribe at any time.) --------------------------------------------------------------- Company: Advanced Micro Devices (SYM: AMD) According to analysts at Oppenheimer, AMD’s upcoming earnings should continue to show solid growth in its data center segment. "Management has impressively grown AMD's AI franchise from nil to ~$4B over just the past year," said Oppenheimer, as quoted by Seeking Alpha. "Unfortunately, investor expectations have consistently remained out of reach. Initial expectations for ~$8B MI300 sales earlier this year are now closer to $5B, based on our discussions." Piper Sandler reiterated an overweight rating on the AMD stock with a $200 price target. After attending AMD’s artificial intelligence event, the analyst remains “enthused” about the company’s prospects, particularly around its data center and GPU offering, noted TheFly.com. --------------------------------------------------------------- Brownstone Research [Next AI Shock: November 19th?](According to Jeff Brown, the tech legend who predicted the rise of Bitcoin, Nvidia, and Tesla… We could have an AI market shock as soon as November 19th. And this is all happening in part thanks to Bill Gates and his Stargate project. Most people don't realize we’re moments away from a seismic shift. If you want a chance to end up on the winning side of this shift, [click here now to get the details.]( --------------------------------------------------------------- [Join Daily Guru Trades!]( Want more free daily trades in your inbox? [Sign up for Dylan Jovine's Daily Guru Trades Today.]( Do you currently own shares of any semiconductor stocks or other tech stocks? Are there any other under-the-radar tech stocks you think we should look into? Hit "reply" to this email and let us know! Our mailing address is: Behind the Markets, LLC 4260 NW 1st Avenue, Suite 55 Boca Raton, FL 33431 Copyright © 2024 Behind the Markets, LLC, All rights reserved. You're receiving this email as part of your subscription to Behind the Markets. For more information about our privacy practices, please review our [Privacy Policy]( or our [Legal Notices.]( [Behind the Markets]( [Unsubscribe](

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