Six Best Semiconductor Stocks to Buy Now Appear Undervalued
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Six best semiconductor stocks to buy now are trading at discounts compared to slower-growing industrial stocks.
S&P 500 semiconductor stocks trade at an average of 19x 2022 price-to-earnings (P/E) estimates, nearly 20% below the S&P 500 Industrials, despite free cash flow (FCF) margins 1,500-2,000 basis points (bps) above and 400-500 bp faster sales growth than the industrials, according to a May 11 BoA Global Research note. Semiconductor stocks share attributes with high-quality industrials, with the current relative weakness in semiconductor stocks indicated by the SOX index vs. industrials (XLI) showing market rotation rather than trading based on fundamentals, BoA reported.
Wicked Local
Frank Sullivan always was the go-to guy in the family, a man who combined a solid education with a philosophy to give back to others as his central creed.
And that made it even harder for his family to watch as Alzheimer s disease slowly but incessantly took away those gifts, turning his sharp mind forgetful and his giving nature into a sometimes angry man. It took a physical toll on him, stated his son, Paul Sullivan. He couldn t perform any daily functions, he needed 24-hour care.
As painful as it was to watch his father battle with the disease, Paul, who grew up in Holbrook, decided to do some giving back himself. A dozen years ago, he organized Sully s Buddies, a bicycle team to ride in the Memory Ride - now called the Ride to End ALZ MA/NH - to raise funds for the Alzheimer s Association.
Harron s employer, M. DiStasio Excavation Contractors, out of North Reading, Massachusetts, released a statement Friday calling what happened a tragic accident on the job that resulted in Harron s death.
“Russell Harron was a hard-working and diligent employee at M. DiStasio Excavation Contractors, President Michael DiStasio said. Our hearts are broken. Russell’s family has our deepest sympathy and heartfelt condolences on this unbearable loss.
DiStasio said the company is cooperating fully with authorities in their investigation. The man had been working in the foundation of the residence when a wall collapsed and pinned him to the ground.
Firefighters responded to the scene just before 8 a.m., Fire Chief Gino Lucchetti said. Rescuers needed specialized equipment to try and get to the victim, he said, and it quickly became apparent that what started as a rescue effort had turned into a recovery effort.