Buy this semiconductor stock for a 50% return over the next 12 months Shares of Wolfspeed Inc (NYSE: WOLF) closed more than 10% up after a Goldman Sachs analyst turned bullish on the Durham-based company, which produces specialty semiconductors that are broadly used in electric vehicles. Wolfspeed shares could climb to $108 Brian Lee now rates Wolfspeed at ”buy” and has a price objective of $108 a share [. . . ] The post Buy this semiconductor stock for a 50% return over the next 12 months appeared first on Invezz.
Author: Wajeeh Khan
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