Target a 200% Gain as Overhyped Chip Stock Returns to Earth
If more tension rises on the back of the anemic U.S. economic position, along with the need to pin blame on China for the virus that’s causing that pain, there could be more negativity in the U.S. - China trade relationship to come. This will mostly hurt the companies caught in the middle, including many semiconductor stocks. Using our Dark Money Monitor, Nomi and Dan target one chip stock as the best way to profit during this global recession. Its overvalued stock price combined with formidable competitors will put pressure on its business in the coming weeks.