In an era where technology continues to advance at a rapid pace, semiconductors remain at the heart of innovation, powering everything from smartphones to electric vehicles and smart home devices.
Here at Global Investment Daily we know that there are smart investors looking to dive into this vital sector without heavy capital outlay.
So today we put together a list of six semiconductor stocks trading under $15 that merit attention:
1. ASE Technology Holding Co., Ltd. ($ASX)
ASE Technology is a leading provider of semiconductor manufacturing services, including packaging and testing, as well as electronic manufacturing services globally. The company has shown resilience and growth, with a reported revenue of $1.53 billion in January, despite a 4% sequential drop. With a market cap of over $20 billion and a robust dividend yield, ASE Technology’s strategic expansions and operational excellence position it as a compelling investment option. The company’s stock has seen significant activity, with volumes indicating strong investor interest and a bullish pattern detected in its trading performance.
2. Murata Manufacturing Co., Ltd. ($MRAAY)
Murata Manufacturing is a global leader in ceramic-based passive electronic components, offering a wide array of products critical for communications, mobility, and personal electronics. The company’s commitment to innovation is evident in its recent advancements in automotive-grade power inductors and next-generation inertial sensors. Trading at an attractive price, Murata’s solid growth prospects and its role in enabling technological advancements make it a stock to watch.
3. Himax Technologies ($HIMX)
Himax Technologies specializes in advanced display imaging processing technologies, providing innovative solutions across a broad spectrum of applications. The company’s position in the market is underscored by its potential for considerable upside, as reflected by analyst ratings. With shares trading near their 52-week low, Himax represents an opportunity for investors looking to capitalize on the growing demand for sophisticated display technologies.
4. Navitas Semiconductor ($NVTS)
Navitas Semiconductor is at the cutting edge of gallium nitride power integrated circuits, revolutionizing power conversion and charging applications across multiple sectors. Despite recent volatility, the company’s pioneering technology and growth potential make it an attractive investment choice, particularly for those interested in green technology and efficiency advancements.
5. Magnachip Semiconductor ($MX)
Magnachip Semiconductor offers a diverse range of analog and mixed-signal semiconductor solutions, essential for mobile devices, automotive systems, and consumer electronics. The company’s unique position in the market, coupled with positive analyst ratings and significant upside potential, presents a noteworthy opportunity for investors.
6. Arteris ($AIP)
Arteris provides critical semiconductor interconnect IP solutions, facilitating the development of complex System-on-Chip designs. The company’s recent stock performance and optimistic analyst forecasts highlight its potential for substantial growth, driven by its innovative technology and strategic market positioning.
These six semiconductor stocks under $15 not only offer a gateway into the semiconductor industry at an accessible price point but also represent a blend of innovation, growth potential, and strategic market presence. As the demand for advanced semiconductor solutions continues to rise, these companies are well-positioned to benefit from the sector’s growth, making them worthy of consideration for investors looking to diversify their portfolios with technology stocks.
