NASDAQ:NVTS is an interesting candidate in power electronics based on gallium nitride. There are a lot of application areas for these specific semiconductors. So it seems to be a good investment on a longer time scale. Nevertheless, the company suffers the same problems as any semiconductor company. I assume, it won't lower substantially, but the sideway period...
My idea is about NASDAQ:NVDA and NASDAQ:FSLR . Two very different companies with respect to market capitalization and products (at least both are semiconductors industries). But there is the funny fact, that - at the moment - the prices for both are about the same and one could trade NVDA for FSLR or vice versa. Momentum for FSLR seems to be stronger than that...
I am looking very close to NASDAQ:NVDA for years and I am curious, that every time the market goes up, NVDA improves with a steeper angle than the index - at least very often. Of course, the same is true in the reverse direction :-), but nevertheless it looks like some kind of overpressure that makes me believe in this stock in the long run. I don't want to...