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Here's Why You Should Buy Cypress Semiconductor Stock Now

Zacks Zacks Equity Research ZacksSep 11, 2017, 12:16 PMComment A wise investment decision involves buying well-performing stocks at the right time while selling those that are at risk. A rise in share price and strong fundamentals signal a stock’s bullish run.

Cypress Semiconductor Corporation CY has performed extremely well so far this year and has the potential to carry on the momentum in the near term. Therefore, if you haven’t taken advantage of the share price appreciation yet, it’s time you add the stock to your portfolio.

Why an Attractive Pick?

Share Price Appreciation: A glimpse of the company’s price trend reveals that the stock has had an impressive run on the bourse year to date. Cypress Semiconductor returned 17.7%, which compared favorably with the S&P 500’s gain of 10%.