5 Best Semiconductor Stocks for Canadian 2024?

Information about semiconductor stocks will be given here, which will give you complete information about them from Top Best Five Semiconductor Stocks. This article is going to be very helpful for all Canadian citizens who are interested in the stock market. You can get huge profits from semiconductor stocks. If you are interested in the share market or the stock market, then read this article carefully and get complete information. Here, you will be given detailed information about the five best semiconductor stocks, which will be the top best stocks of 2024. Today, everyone will know about the stock market. If you are a citizen of Canada, then you would also have complete knowledge about it, but whenever we invest money in the stock market, there is a lot of risk.

If you do not have experience in the stock market, then your money can be recovered, but even if you have complete knowledge about it, we are still determining whether the price of the stock will go up or down, or no one knows. But yes, if you analyze the market well, then you can analyze and invest money, but here we will give detailed information to all Canadians about the 5 Best Semiconductor Stocks. You can earn a good profit because these are the stocks predicted for 2024. If you buy and sell these stocks, then you can earn a lot of profit because these are already stocks of a popular company.

If you live in Canada, then you must be already aware of it; if not, then by reading this article, you can get complete information about semiconductor stock because every common person in Canada is interested in the stock market. Must know about semiconductor stocks. So today, we will give you detailed information about the five best Semiconductor Stocks for 2024 and will also tell you some ways you can get the benefits of buying this stock. If you do not do trending, then here you will also be told about trading, and you can learn trending and earn money sitting at home in the stock market, and you will not have to face any problems. If you have no experience and are investing money in the stock market for the first time, you will still not have any risk if you want to buy semiconductor stocks.

1. Intel Corporation (INTC)
2. NVIDIA Corporation (NVDA)
3. Micron Technology (MU)
4. Qualcomm Incorporated (QCOM)
5. Microchip Technology (MCHP)

Intel Corporation (INTC)- Intel Corporation (INTC) Semiconductor Stock This stock comes among the top five best in Canada. This semiconductor stock provides great profits to all the citizens of Canada because it sells all the products around the world, like computing, manufacturing, design, development, etc. Along with this, there is a lot of growth in the technology sector. It has more scope, including computer processors, etc. Computer Group or Client Computing Group is a data center and accelerated computing system and graphics, Intel, AI, network and edge, Mobileye, Intel Foundry Services, etc.

All these are operated. If you know about Intel Corporation, then let us tell you that it is among the top stocks in Canada. It is known for the processors of all the computers in the world and is known in other sectors. Above, you have been given information that this is a company platform. Apart from offering products, it also produces processing units, key seats, multi-chip packages, memory storage products, and connectivity products. Intel Corporation Semiconductor stock comes among the top stocks in Canada.

To buy this stock, the previous closing price was $49.09, but now it is $50.00 in the stock market. The exact price is approximately $49.55 in Canada. When you want to buy this stock, you can hold it for 12 months. If you want to buy this stock, then your market registration comes to $206,120,239,104 and talks about the PEG ratio. If we do, then it remains at 1.2808 in Canada, as it has been predicted as of 2024. By purchasing this stock, you can take advantage of
Canada’s top semiconductor stock.

NVIDIA Corporation (NVDA)- This top stock among NVIDIA Corporation (NVDA) semiconductor stocks is being considered according to the product of 2024. NVIDIA Corporation (NVDA) is used for graphics, computers, and networking in all countries, such as America, Canada, etc. If you want to buy this stock, then you also have a chance of getting a huge profit from this. This stock is for all the citizens of Canada. It is very profitable. Talking about NVIDIA Corporation (NVDA) stock, it is a gaming segment for graphics, GeForce GPU, gaming platform, GeForce Now game streaming service, Quadro/Nvidia RTX GPU for enterprise workstation graphics, networking segment AI, cloud-based visual, and virtual computing.

VGPU software is provided for all the systems like HPC and accelerated computing, Mellanox networking, data center platform, etc. For this, if you are thinking about the stock, let us tell you that the speciality of this stock is that this company is famous all over the world. This company is well-known to everyone in the computer IT sector and hardware-software industry. Every citizen has a chance to profit. Talking about buying NVIDIA Corporation (NVDA) Semiconductor stock, if we talk about the previous closing price, it was $613.62, and now it opened at $623.50, but if we talk about the current price, then it is $613.62.

Your 12-month profit for this stock is approximately USD$44.9 billion. There are more than 26000 employees of this company, and if we talk about market registration, then it is $1,473,453,883,392. If the PEG ratio of this semiconductor stock remains 0.5993, all Canadian citizens can buy this stock here. Semiconductor Stock for 2024 All Canadians It is very beneficial for.

Micron Technology (MU)- Micron Technology (MU) comes among the top semiconductor stocks. Work is done in the world or for memory, design, storage and development, sales, manufacturing, etc. if you are talking about a computer or networking business unit or whether you are talking about an Embedded business unit, Storage business unit, or Mobile business unit. So this stock is known for this, and all the citizens of Canada must know about Micro Technology because this company comes from the top company in Canada.
If you want to buy semiconductor stock from this company, then it is the best stock in it.

If we talk about Micron Technology (MU), the latest price is $89.20, and if we talk about the last closing price of the stock, it is $88.08. This stock also has a 12-month revenue of around $16.2 billion. If we talk about how this company looks at market registration, the total is $98,513,256,448, and if we talk about the PEG ratio, it is 1.1151. All Canadian citizens who want to buy stock in the stock market can make a profit by buying these top five semiconductor stocks. Micron Technology is one of the top stocks in Canada. In this, your chances of getting profit are very high, or the stock is predictable. It is for 2024.

Qualcomm Incorporated (QCOM)- Talking about Qualcomm Incorporated (QCOM) Semiconductor Stocks it is the top Semiconductor Stocks in Canada. This company’s Qualcomm Red is for the moment, and this company is for developing data communication networking, multimedia and computing networking like 3G, 4G, 5G, and 6G software. This company is best for software development. The stocks of this company are also seen very well. If you are a citizen of Canada, then you must know about this company, and if you do not know, then from here, you will get a top list for 2024. Designed for the best semiconductor stocks.

If we talk about the previous closing level for Qualcomm Incorporated (QCOM), then it is $154.37, and after that, it is $157.60. The market capitalization for this stock is $171,436,474,368, and talking about the PEG ratio is 1.713. If you talk about the stock production of this company, then the best production has been done for 2024. All Canadian citizens can buy Qualcomm Incorporated (QCOM) stock. They can get profits as it will be profitable for all the citizens who are interested in the stock market for 2024.

Microchip Technology (MCHP)- Microchip Technology (MCHP) Semiconductor Stocks Come Among Canada’s Top Five Stocks It remains the world’s most connected and controlled security. If we talk about this company for general purposes, then you will get 32-beat, 16-beat, and eight-beat microcontrollers. You can earn good profits by buying Microchip Technology (MCHP) stock. The application is developed for, and with the help of this application, you are provided with development tools and used to be able to program the microprocessor product. Talking about the earlier price of Microchip Technology (MCHP) was $90.56.

After that, it opened at $92.9, but talking about the current price of 2024, it has been made at $89.65, and according to the registration of the Canadian market, it is $49,408,229,376 Talking about the PEG ratio, it is 6.4976. Microchip Technology (MCHP) is one of the top semiconductor stocks in Canada. You can also buy this stock and earn profit from it.

Conclusion- For all the citizens of Canada who want to know about the top five best semiconductor stocks, detailed information is given here. 5 Best Semiconductor Stocks for Canadian 2024? To get complete information, detailed information is given here. All the stocks have been discussed briefly here, with the help of which you can avoid losses in the stock market in 2024.