This Top Growth Stock Is an Incredible Buy Right Now
Qorvo (NASDAQ: QRVO) looked all set to crush Wall Street's expectations going into its fiscal fourth-quarter earnings report on the back of the 5G smartphone revolution and the resounding success of Apple's (NASDAQ: AAPL) iPhone 12 lineup, and it didn't disappoint.
The supplier of radio-frequency (RF) wireless solutions delivered eye-popping revenue and earnings growth during the quarter. The guidance, not surprisingly, turned out to be fantastic as Qorvo seems to be reaping rich dividends from the booming sales of 5G smartphones that have gained critical mass in 2021.
It isn't too late for investors to buy this high-flying tech stock, given its attractive valuation and the potential to deliver sustained growth in the long run. Let's look at Qorvo's quarterly numbers and check why this 5G stock is built for long-term growth.
Source Fool.com
