5 Reasons To Invest In Semiconductors, And 5 Of The Best Stocks To Own
Semiconductor and memory stock valuations have gotten a bit extended in the past couple of years, and the semi-cap equipment market may be on the brink of a deceleration in 2018. But despite these hurdles, KeyBanc analyst Weston Twigg says there are plenty of good reasons to be buying semiconductor and memory stocks.
5 Reasons to Buy
In a new report, Twigg said there are five good reasons for semiconductor investors not to fear a slowdown in sales:
Related Link: 2 Up, 2 Down: Goldman Adjusts Semiconductor Stock Ratings
5 Stocks To Buy
In addition to his list of five reasons to buy semi stocks, Twigg also provided a list of his five favorite Outperform-rated stocks to buy:
Applied Materials, Inc. (NASDAQ: AMAT), which has extensive product offerings and a large market, as well as the capacity to generate impressive cash flow. KeyBanc has a $57 price target.
Lam Research Corporation (NASDAQ: LRCX), which has an excellent management team and trades at a low valuation. KeyBanc has a $202 price target.
MKS Instruments, Inc. (NASDAQ: MKSI), which has high earnings leverage and potential to outgrow the rest of the group. KeyBanc has a $100 price target.
Teradyne, Inc. (NYSE: TER), which has the opportunity to grow its cobot revenue to more than $1 billion by 2021. KeyBanc has a $40 price target.
Entegris Inc (NASDAQ: ENTG), which should be able to maintain steady growth despite a deceleration in capex. KeyBanc has a $30 price target.
Related Link: AMD And Nvidia: How Vulnerable Are They To Cryptocurrency Concerns?
Latest Ratings for AMAT
Sep 2017 | Goldman Sachs | Upgrades | Neutral | Buy |
Aug 2017 | Nomura | Maintains | Buy | |
Aug 2017 | Stifel Nicolaus | Maintains | Buy |
View More Analyst Ratings for AMAT
View the Latest Analyst Ratings
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