Tuesday, April 24, 2018

NXP Semi.: Failed Merger Discount

NXP Semi. trades back below the original Qualcomm takeover price of $110.
The stock has far trailed the SOXX ETF since the merger agreement in October 2016.
A flood of stock buybacks in the sector due to failed mergers will lift all boats.
The Chinese regulator delays provide a unique play on NXP Semiconductors(NXPI) that has a long-term growth opportunity tied into a potential short-term quick gain. Investors that step in now appear set to win either way.
Read the full article on Seeking Alpha. 

Disclosure: Long QCOM. Please review the disclaimer page for more details. 

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