Right Here Are 4 Top Chip Stock Ideas For The Next 12 Months

Here are four overweight-rated semiconductor stocks recommended by Barclays, along with the firm’s current 12-month price targets.
Chip stocks have crushed the market this year and one Wall Street analyst believes the industry’s strong performance will go on.
The iShares PHLX Semiconductor ETF has rallied 35 percent year to date versus the S&P 500’s 14 percent gain through Tuesday.
“The semiconductor group likely continues to work (best-performing S&P sector YTD), and we expect a 7th consecutive positive earnings period as most end markets (except optical and wireless) remain healthy leading to better results/guidance,” analyst Blayne Curtis wrote in a note to clients Wednesday.

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