Investors have a wide range of world-class tech options to choose from, with AI revolutionizing the U.S. economy. Chip stocks like Nvidia and AMD are powering this growth. Analysts like Atif Malik are recommending overlooked chip stocks like NXP Semiconductors, praising their valuation and potential. NXP has a forward PE ratio under 20, making it attractive to investors. Despite lower profit margins, NXP’s free cash flow yield is over 6%, a rarity in the semiconductor space. The current consensus price target on NXPI stock is $263.53 per share, offering 11% upside potential.

Read more at Barchart: Citi Analysts Love This 1 Lesser-Known Chip Stock Ahead of Earnings