Advanced computer chips -- commercially known as semiconductors -- are constantly growing in demand as our lives trend further into the digital realm. The electronic devices we use each day, and the cloud computing services that host our online experiences require more powerful hardware than ever.
The semiconductor industry could be worth over $1.5 trillion annually by 2030, according to an estimate by Fortune Business Insights. But while most investors are focused on high-flying chip makers like Nvidia and Advanced Micro Devices , they might be missing an enormous amount of value in the lesser-followed areas of the sector.
Cohu (NASDAQ: COHU) is a semiconductor-service company, and it just released its earnings report for the third quarter (ended Sept. 24). Here's why it's a hand-over-fist buy.
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1 Super Semiconductor Stock to Buy Hand Over Fist