The "nxpi stock price" is maintaining relative strength compared to the broader Nasdaq Composite, outperforming by nearly 6% year-to-date. Such alpha is attracting attention from growth-oriented equity funds. To identify the 10 undervalued semiconductor stocks, we carried out thorough research and used stock screeners to compile a list of U.S.-listed companies. Our criteria included a market capitalization of over $2 billion, an expected share price upside of at least 10%, and a Forward PE ratio below 30x. Ultimately, the stocks were ranked in ascending order of their upside potential. These stocks are also popular among elite hedge funds. Why Options Traders Are Betting Big on Oracle Stock Strong backlog orders in industrial automation chips are seen as a revenue cushion against cyclical headwinds.
