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Is NXP Semiconductors a Buy?

TheMotleyFool

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Is NXP Semiconductors a Buy?Photo, wide shot, wide-angle lens, Data analytics provider, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d1295d04-cceb-4f1c-be2b-32ca46621336.png

Dutch microchip maker NXP Semiconductors (NASDAQ: NXPI) had a rough time in 2018, but the company is roaring back to life this year. The stock has gained a market-crushing 47% year-to-date. Investors are faced with a difficult question at this juncture: is NXP a good investment after these massive gains, or is it better to take a step back until the red-hot stock cools down a bit?

Let's talk about that.

The proposed blockbuster merger with Qualcomm (NASDAQ: QCOM) was called off at the last minute, hamstrung by simmering trade tensions of the highest order. The reason Qualcomm wanted to invest $44 billion in this company remains unchanged.

Source Fool.com

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