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Aditya Raghunath

3 'Strong Buy' Semiconductor Picks for Penny Stock Speculators

Semiconductor Ideal Power POET Technologies Valens

Semiconductor stocks have been on an absolute tear in the past decade, due to the explosion of smartphones, tablets, and other connected devices. In the last 18 months, the artificial intelligence (AI) megatrend has driven several chip stocks toward all-time highs. In fact, since July 2014, the VanEck Semiconductor ETF (SMH) has returned a staggering 1,160% to shareholders in dividend-adjusted gains.

Given the demand for memory or computing chips is unlikely to abate, here are three “Strong Buy”-rated semiconductor picks for penny stock speculators.

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