Famed stock picker Peter Lynch offered investors this wisdom: Buy what you know, research what you plan to buy, and adopt a long-term mindset. For instance, NVIDIA (NASDAQ: NVDA) and Palantir (NYSE: PLTR) both provide some pretty complicated technology, but it's easier to grasp when you consider how these companies have aided the fight against COVID-19. NVIDIA provides graphics processing units (GPUs) and high-performance networking solutions designed to make data centers faster.
We have narrowed down our search to five semiconductor stocks that have attained a 52-week high this year but are currently trading at a discount. These are NVDA, TXN, AMD, MPWR and ON.
The Zacks Analyst Blog Highlights: NVIDIA, Procter & Gamble, Sony, Uber and China Petroleum & Chemical