Best Stocks for 2022: Kulicke Soffa Stock Still Offers Hard-to-Beat Value
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is Kulicke and Soffa Industries (NASDAQ: KLIC ) stock. The technology-component shortage is, unfortunately, a global phenomenon. Certainly, Singapore-based Kulicke and Soffa Industries (NASDAQ: KLIC ) isn’t immune to supply-chain issues. However, the company’s outstanding financial results lend themselves to a confident, growth-and-value-focused position in KLIC stock. Founded way back in 1951, Kulicke and Soffa provides semiconductor and electronic assembly solutions. Despite the company’s pedigree and longevity, few people have even heard of Kulicke and Soffa. That’s really a shame, as the company has outstanding growth potential in 2022. Kulicke and Soffa isn’t a chip fabricator, but instead supplies equipment and tools other companies need for semiconductor manufacture and assembly. Thus, the company is an essential part of the chip-making supply chain. As we’ll see, there are plenty of reasons to remain bullish on Kulicke and Soffa for the remainder of the year.
Best Stocks for 2022: Kulicke Soffa Stock Still Offers Hard-to-Beat Value
Editor’s note: This column is part of InvestorPlace.com’s Best Stocks for 2021 contest. Louis Navellier’s pick for the contest is Kulicke and Soffa Industries (NASDAQ: KLIC ) stock. The technology-component shortage is, unfortunately, a global phenomenon. Certainly, Singapore-based Kulicke and Soffa Industries (NASDAQ: KLIC ) isn’t immune to supply-chain issues. However, the company’s outstanding financial results lend themselves to a confident, growth-and-value-focused position in KLIC stock. Founded way back in 1951, Kulicke and Soffa provides semiconductor and electronic assembly solutions. Despite the company’s pedigree and longevity, few people have even heard of Kulicke and Soffa. That’s really a shame, as the company has outstanding growth potential in 2022. Kulicke and Soffa isn’t a chip fabricator, but instead supplies equipment and tools other companies need for semiconductor manufacture and assembly. Thus, the company is an essential part of the chip-making supply chain. As we’ll see, there are plenty of reasons to remain bullish on Kulicke and Soffa for the remainder of the year.