In this article, we are going to discuss the 5 best semiconductor stocks to buy in 2021, based on Insider Monkey’s latest article. If you are eager to skip our short summarize, you can click and jump directly to see the entire original article about best semiconductor stocks to buy in 2021. Our modern world depend on semiconductors (among others). We use them in computers, our smartphones, cars, wristwatches, gaming devices, and appliances. Since they are used in more and more fields, they are in high demand worldwide, especially now, when a new dawn came to the humanity with the coronavirus pandemic. As in the year of 2020 nearly all the industries had to face with the lockdown or at least they slowed down; by now there’s a great shortage of semiconductors across the globe. Even the main automobile manufacturers feel this shortage, and in the first quarter of 2021 around 700,000 less automobile were made than in the same period last year.
So let’s start reviewing the largest semiconductor companies now, starting with Broadcom Inc. that ranks fifth on the list with 59 hedge fund holders. The company is headquartered in San José California and is among the leader players in the field of developing, designing and providing of semiconductors in the world. They also supply infrastructure software products and solutions globally. Broadcom supplies networking, enterprise, wireless, broadband storage and industrial markets. The largest stakeholder in the company is Cantillon Capital Management with having 1.2 million shares at a value of $505.7 million. Broadcom Inc is followed by NVIDIA Corporation with 88 long hedge fund holders. It’s headquartered in Santa Clara, California. The company has major role in designing graphic processing units, chip unites for the mobile computing market. GQG Partners is the largest stakeholder in the company with having 3.7 million shares of the company at the end of the fourth quarter of 2020. Applied Materials Inc stands on the second spot with 61 hedge fund holders. The company is also headquartered in Santa Clara, California. The biggest stakeholder in the company is Generation Investment Management with having 5.2 million shares at a value of $452 million.