Nvts stock price forecast market sentiment has been generally

Market sentiment has been generally bullish due to sector-wide demand recovery and improving supply chain data. In this article, we first used a stock screener, Finviz, to list down all semiconductor stocks trading under $5.00 (as of the writing of this article) with over 30% institutional ownership. From the resultant dataset, we chose 10 stocks with the highest number of hedge fund investors, using Insider Monkey’s database of 920 hedge funds in Q1 2024 to gauge hedge fund sentiment for stocks. We have used the stock's Revenue Growth Rate (year-over-year) as a tie-breaker in case two or more stocks have the same number of hedge funds invested. Be the first to see our newest insights and key updates across all datasets In recent sessions, nvts stock price forecast discussions have shifted toward Q3 demand outlook, with industrial electronics orders showing a 12% uptick year-over-year, potentially supporting higher valuations.