A convergence of tailwinds points to an inflection for NXP Semiconductors' (NASDAQ: NXPI) stock price. Not only are signs of end-market recovery present, but analysts and institutional trends have the stock on track to hit fresh long-term highs by year-end.
After having been in a correction for 18 months, a move to new highs would be significant for this semiconductor stock. Such a breakout could signal a change in market dynamics that could lift it over the next 18 to 36 months.
