2 Chip Stocks Are Merging -- Can They Beat Top Dividend Stock Broadcom's Performance?
Tiny fabless semiconductor companies MaxLinear (NASDAQ: MXL) and Silicon Motion (NASDAQ: SIMO) are still awaiting approval for their merger. For MaxLinear, the acquiring company, getting its hands on Silicon Motion could be a game-changer as it battles against its far larger rival Broadcom (NASDAQ: AVGO) -- a top dividend stock, and one of the best-performing semiconductor businesses around over the last decade.
Data by YCharts.
Source Fool.com
Maxlinear Inc. A Stock
€12.97
-36.350%
We see a rather positive sentiment for Maxlinear Inc. A with 17 Buy predictions and 1 Sell predictions.
Based on the current price of 12.97 € the target price of 26 € shows a potential of 100.54% for Maxlinear Inc. A which would more than double the current price.
