1 Semiconductor Growth Stock Down 47% to Buy Now and Hold
Companies have begun reporting their financial results for the first quarter of 2022. It's a crucial period for investors as pandemic restrictions continue to fade and the Federal Reserve begins to raise interest rates to combat high inflation.
Cohu (NASDAQ: COHU) is a semiconductor-service company that provides critical manufacturing equipment to the world's largest chip producers. It's coming off the strongest two-year period in its history, and its Q1 2022 results suggest this year might be about consolidation rather than growth.
But the signs point to a bright future ahead. Here's why investors should take advantage of the 47% discount in its stock price right now for a long-term hold.
Source Fool.com
