This Semiconductor Growth Stock Could Soar 67%, Wall Street Says
In a world where even our refrigerators can have an internet connection, the semiconductor industry is of crucial importance to just about every manufacturer of electronic goods.
Popular consumer products like smartphones and TVs couldn't function without these advanced computer chips, and as demand soars from emerging technologies like electric vehicles, the semiconductor industry is poised for even greater growth. In fact, estimates suggest the market for semiconductors could be worth $1 trillion annually in a decade.
This presents a significant opportunity for chipmakers, but also for semiconductor manufacturer service companies like Cohu (NASDAQ: COHU). And that's part of why one Wall Street firm thinks Cohu stock could soar 67% over the next 12 to 18 months.
Source Fool.com