The semiconductor industry is on pace to grow global sales 17% from 2017 to 2019, but one company we uncovered is positioning itself at the forefront of the driverless car industry.
And with a VQScoreTM in our "Buy Zone," it's one of the best deals you can make.
Its stock price is expected to climb 71.42% over the next 12 months, and it could be a major supplier for the upcoming $7.5 trillion driverless car industry.
Semiconductors are essential to the tech industry. They help make electronic devices smaller, faster, and more reliable, and they are in nearly every electronic device imaginable.
That's a great way to cash in on the growth of technology without buying into overhyped (and overpriced) semiconductor stocks, like Diodes Inc. (Nasdaq: DIOD), which trades for 111 times earnings.
And because of this company's expertise in the industry, they are going to cash in on global semiconductor sales climbing from $412.22 billion in 2017 to $483.72 billion by 2019…
How to Cash In on the Upcoming $483 Billion Semiconductor Market
The company we're about to mention was the first to commercialize vertical gradient freeze (VGF) technology.
In short, VGF technology allows more scalability, higher mechanical strength, and lower stress compared to conventional semiconductors.
That's why this company has attracted clients like OSRAM Licht AG, a $4 billion firm that sells specialty lighting products around the globe.
The Gains on This One $10 Stock Alone Could Earn You Enough to Retire – Click Here Now for Details
And it's no surprise, considering the prestige of the company's CEO.
He holds a Bachelor of Science in Metallurgical Engineering from National Cheng Kung University, a Master of Science in Metallurgy from Syracuse University, and a Doctor of Philosophy degree in Metallurgy from the Polytechnic Institute of New York University.
And it's easy to see why analysts are expecting the stock price to climb 71.42% in the next 12 months…