Marvell (MRVL), Broadcom (AVGO), AMD (AMD), Analog Devices (ADI), Nvidia (NVDA) GlobalFoundries (GFS), and On Semiconductor (ON) are the stocks best positioned to navigate what appears to be a tricky market for semiconductors in the near future, says Bank of America (BAC) Analyst Vivek Arya.
While the triple-A acronym might not be as well-known as some other stock group acronyms, MAAANGO stocks represent tech stocks with relatively resilient supply chains in a semiconductor industry that has…
Source link