NXP Semiconductors Will Set a New High Soon: $300 in Sight

Key PointsNXP Semiconductors struggled in Q1, but results and guidance suggest that its soft-landing approach works.Analysts are leading the market to new highs, which may be reached soon. Cash flow and capital returns aid the outlook for higher share prices. 5 stocks we like better than NXP SemiconductorsNXP Semiconductors NASDAQ: NXPI is trending higher and on track to hit the $300 level. The company’s diversified business, position in the industrial chip market, and pivot back to growth are why. It will ...