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home / news releases / RTN - Qorvo: Soaring To New Highs In 2020


RTN - Qorvo: Soaring To New Highs In 2020

Qorvo Inc. (QRVO) is one of the best positioned stocks to cash in on the 5G led semiconductor resurgence. The company produces some of the best quality radio frequency solutions necessary for 5G deployment and will undoubtedly beat the market in 2020.

Semi-conductors had a tough end to 2018, sparked by a plunge in DRAM and NAND memory pricing due to the oversupply of components amidst weakening demand in the end markets. Pricing weakness precipitated a c. 20% drop in the PHLX Semiconductor ETF (SOXX) as companies like Micron and Samsung

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Stock Information

Company Name: Raytheon Company
Stock Symbol: RTN
Market: NYSE

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