Time to Buy Semiconductor Stocks? Check the Charts.

Semiconductor stocks are a favorite among technology investors. These companies tend to have stable businesses and reasonable valuations.

Of course, a few names can command large premiums, but that’s not unusual in the market.

Recently, however, this group has taken up selling.

Maybe it’s because investors think they are too cyclical and are anticipating an impending recession. Investors may tend to lump these names in with the growth stocks, which have been among the worst performers of the recent bear market.

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