After a Successful IPO, Is It Too Late to Buy GlobalFoundries Stock?

GlobalFoundries (NASDAQ: GFS) continues its surge. The one-time foundry division of Advanced Micro Devices spun off as a separate company in 2009 and launched its initial public offering (IPO) in October.

Now, with the huge increase in the stock price, investors may wonder whether they waited too long to buy. Let's take a closer look at this semiconductor stock to see if the investment case for the stock still stands.

Image source: Getty Images.

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Source Fool.com