There are still bargains to be found here and there in the chip space, but many of these stocks have already rallied over the past year on expectations of improving fundamentals in the second half of this year. With the stock NXP Semidconductors (Nasdaq:NXPI) up about 50% over the past year, these shares appear to be among that group. The company's high performance mixed signal business is attractive, as is the company's leading share across multiple product categories and above-average potential margin leverage, but a lot those positives appear to be factored into today's share price.
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Investopedia: Above Average Opportunities Largely In The NXP Semiconductors Price
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