During an age where we can browse the internet on our refrigerators, semiconductors have become the single most important manufacturing component in a growing number of industries.
But the pandemic triggered a global shortage of semiconductors, crippling the production of many consumer goods including big-ticket items like cars. The supply constraints have caused prices to rise materially, and major automakers expect that to continue well into 2022.
The semiconductor shortage spells opportunity for semiconductor-service powerhouse Cohu (NASDAQ: COHU) , which is already delivering soaring growth. Wall Street firm Rosenblatt Securities thinks the stock could rise 97% from current levels.
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1 No-Brainer Stock With 97% Upside, According to Wall Street