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Barron’s Weekend Stock Picks: BP, Texas Instruments And Citigroup’s Top Semiconductor Pick For 2024 Unlocking the Hidden Gems: Barron’s Weekend Stock Picks

Benzinga reviews this weekend’s top stories covered by Barron’s. Here are the articles investors need to read.

BP PLC: On the Verge of a Resurgence

In “BP Stock Has Been Ignored for Too Long. It’s Time to Buy,” Barron’s contributor Andrew Bary underscores BP plc’sBP pivot back to U.S. oil, foreshadowing a 50% production surge by 2030. The potential for substantial value enhancement for astute investors is unmistakable.

Semiconductor Re-Evaluation: Texas Instruments Inc

In “Texas Instruments Stock Rises as Analyst Predicts Higher Chip Orders,” scribe Tae Kim notes UBS’s upgrade of Texas Instruments Inc TXN to a “Buy.” UBS anticipates a resurgence in semiconductor demand as lead times stabilize.

Super Micro Computer Inc: On the Path to Historical Peaks

In “Super Micro Computer Stock Jumps 30%. Why It’s on Track for a Record High,” Emily Dattilo enthuses about Super Micro Computer Inc (SMCI), which saw its stock soar over 30% to $410.82 after the corporation raised its Q2 guidance on the back of robust demand.

Citigroup’s Bold Semiconductor Pivot to Marvell Technology Inc

In “Nvidia Is No Longer Citigroup’s Top Specialty Chip Stock. Here’s What Is,” co-authored by Kim and Angela Palumbo, it’s elucidated that Marvell Technology Inc MRVL has ascended above Nvidia Corp NVDA to become Citigroup‘s top semiconductor pick for 2024.

Read Next: Economist Christophe Barraud Predicts Surprising US Economic Resilience In 2024

This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo: Shutterstock

 



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