To come up with the list of the 10 Best Semiconductor Stocks to Buy for the Next 5 Years, I considered US-based companies with a market cap of over $2 billion. These companies are expected to grow earnings by 60% over the next 5 years. I ranked these stocks by their expected 5-year EPS growth. I also used Insider Monkey’s hedge fund data to determine how popular these stocks are among American Hedge Funds.
10. Marvell Technology Inc ($MRVL)
Expected Earnings Growth Next 5 Years: 63.45%
Number of Hedge Funds: 96
9. Astera Labs Inc ($ALAB)
Expected Earnings Growth Next 5 Years: 64.84%
Number of Hedge Funds: 73
8. NVIDIA Corp ($NVDA)
Expected Earnings Growth Next 5 Years: 64.87%
Number of Hedge Funds: 285
7. Broadcom Inc ($AVGO)
Expected Earnings Growth Next 5 Years: 64.99%
Number of Hedge Funds: 170
6. Advanced Micro Devices Inc ($AMD)
Expected Earnings Growth Next 5 Years: 77.81%
Number of Hedge Funds: 164
5. Semtech Corp ($SMTC)
Expected Earnings Growth Next 5 Years: 79.5%
Number of Hedge Funds: 84
4. SiTime Corp ($SITM)
Expected Earnings Growth Next 5 Years: 83.86%
Number of Hedge Funds: 76
3. Diodes Inc ($DIOD)
Expected Earnings Growth Next 5 Years: 94.99%
Number of Hedge Funds: 33
2. Intel Corp ($INTC)
Expected Earnings Growth Next 5 Years: 98.65%
Number of Hedge Funds: 138
1. MaxLinear Inc ($MXL)
Expected Earnings Growth Next 5 Years: 164.32%
Number of Hedge Funds: 39