Semiconductors and Infrastructure lead the charge with 5 stocks (AMD, WDC, APH, EMR, MLM) recently rated strong buy by analysts. Blue-chip giants WMT and VZ also secured upgrades on Thursday. Target upside for AMD to $380 suggests momentum continues. However, high-profile downgrades to AVGO, MU, and LRCX signal significant profit-taking or valuation caution within the broader semiconductor space for active portfolio managers.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.