Why this underappreciated chipmaker may be a top pick
Lou Basenese, MDB Capital Holdings President and Chief Market Strategist joins Julie Hyman on the latest installment of Yahoo Finance’s Good Buy or Goodbye. Basenese dives into his top and bottom picks in the semiconductor industry. As a stock to buy, Lou Basenese highlights MACOM Technology Solutions (MTSI). “The stock is on the move, the momentum is intact,” he tells Yahoo Finance, also emphasizing MACOM’s “big IP portfolio” and patents that leverage strong margins in niche industries. Intel (INTC), on the other hand, is one stock Basenese would caution investors on. “It’s one of those legacy brands that everyone knows, household names that aren’t household investments anymore,” says Basenese. To watch more expert insights and analysis on the latest market action, check out more Market Domination here and catch episodes of Good Buy or Goodbye.
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