Why This Analog Semiconductor Stock Is A Top Undervalued Pick
1. NXP's Q2 revenue was $2.93 billion, above estimates but down 6% YoY. 2. Projected Q3 revenue is $3.05 to $3.25 billion, above analyst estimates. 3. Cantor Fitzgerald maintains an Overweight rating with a $250 price target. 4. Free cash flow strong at $696 million, 24% of revenue in Q2. 5. Guidance shows optimism despite challenges in the automotive sector.