Turning Point? “…Semiconductors are now showing better signs about the global economy”
March 13, 2019
“The semiconductor sector is turning the corner and showing signs that the global economy could be stronger than previously thought, CNBC’s Jim Cramer said Tuesday.
The industry’s attempt to bounce back from its 2018 woes is being propped by Nvidia‘s roughly $6.8 billion cash bid for Israeli chipmaker Mellanox and Bank of America‘s upgrade of Apple, which could mean that the inventory glut in chips could be gone, he said.”
Maybe now is the time to invest in this sector? One thing’s for sure it’s probably a good idea to keep an eye on the market.