Semiconductor Stocks to Buy Amid a Computer Chip Shortage for Electronics Share Share Semiconductor stocks to buy amid a computer chip shortage for electric vehicles (EV), smartphones and other technology products number more than might be expected. The semiconductor stocks to buy during the current computer chip shortage operate in a cyclical industry that requires investors to buy and sell their shares astutely to profit. Now may be a good time to purchase semiconductor stocks, but investors should monitor their performance and the industry’s current cycle to avoid holding them during periods when they inevitably pull back. BoA Global Research recommended four semiconductor stocks to buy, led by Applied Materials, Inc. (NASDAQ: AMAT), a Santa Clara, California-based provider of materials engineering for computer chips and advanced displays. The three other industry stocks recommended by BoA Global Research are KLA Corp. (NASDAQ:KLAC), a semiconductor capital equipment company in Milpitas, California; Lam Research Corporation (NASDAQ:LRCX), a Fremont, California-based provider of wafer fabrication equipment and services to help chipmakers build smaller and faster electronic devices; and Teradyne, Inc. (NASDAQ:TER), a North Reading, Massachusetts-based maker of automatic test equipment.