This Growth Stock Might Be Ready to Go Parabolic, and It Is Incredibly Cheap Right Now

The booming demand for AI-enabled smartphones could give this chip stock a nice shot in the arm. A closer look at the chart below indicates that Qorvo may be making a parabolic move. Let's see why that may be the case and also check why now may be a good time to buy this chip stock. Qorvo released its fiscal 2024 fourth-quarter results (for the three months ended March 30) on May 1. The company posted full-year revenue of $3.77 billion, an increase of 5.6% from the year-ago period. However, for the fourth q ...