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1 Hot Nasdaq Stock That Could Soar 70%, According to Wall Street

1 Hot Nasdaq Stock That Could Soar 70%, According to Wall Street

Semiconductor stocks have regained their mojo in 2023. The PHLX Semiconductor Sector index has gained close to 23% this year. And that has rubbed off positively on shares of Skyworks Solutions (NASDAQ: SWKS), whose chips are deployed in multiple markets ranging from smartphones to automotive to the Internet of Things (IoT).