3 Chip Stocks Up Over 6,000% in a Decade: 2 to Buy Now and 1 to Avoid
Nvidia, AMD, and Micron stocks have soared over the past decade.
Overview
The semiconductor industry has been one of the most lucrative sectors to invest in over the past decade, with three stocks posting gains of over 6,000%. Nvidia (NASDAQ: NVDA) leads the pack with a more than 14,000% return during that stretch, followed by Advanced Micro Devices (NASDAQ: AMD) with a gain of over 9,000% and Micron Technology (NASDAQ: MU) at more than 6,000%.
So, which of these chip stocks still looks like a buy for the next decade? Let's take a closer look at why Nvidia and AMD remain buys, and why I'd pass on Micron.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.