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.
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