This low-profile stock in the semiconductor supply chain has doubled this year. Wall Street still loves it
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Shares of Qnity Electronics have doubled this year, but Wall Street analysts are still finding lots of reasons to stay optimistic on the stock. …
Shares of Qnity Electronics have doubled this year, but Wall Street analysts are still finding lots of reasons to stay optimistic on the stock. Qnity Electronics, spun off from chemical giant DuPont de Nemours last November, is a low-profile but major player in the semiconductor supply chain. The company provides materials and products to major semiconductor manufacturers. Shares of Qnity Electronics jumped 10% Tuesday after first-quarter profit and revenue both beat analysts' estimates. …
Original source: CNBC Top News
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FactSet · Deutsche Bank · Wolfe Research · Qnity Electronics