NXP Semiconductors NV
NXPI: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|H? | LOCK|>L | LOCK|%GWM@? |
NXP Semiconductors: Investor Day Bolsters Our Optimism for Long-Term Growth and Margins
We attended NXP's Investor Day in Boston and maintain our $300 fair value estimate, as we are pleased with the company's financial targets over the next three years and encouraged by the company's road map in Industrial and Internet of Things products. Shares still appear undervalued for this wide-moat name, and we consider NXP to be one of our top picks in semiconductors.
