written by reader STM stock growth and income investing

By bosack61, April 10, 2018

STM has steadily grown and in the mix with Apple’s new phone and with being a large part of the Lot internet to come. I also believe they will be part of the 5G revolution.
Their Market cap has doubled in 14 months. Does anyone else see the potency and growth in this stock for the future? By 2020 I see it at $37.00.

Any thoughts?

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Travis Johnson, Stock Gumshoe

I have never gotten myself comfortable with STM, though that means I’ve missed out on a very nice run over the past couple years — they do have strength in IOT and small sensors, and a decent automotive business to go along with the iPhone and other mobile businesses.

Paul Mampilly’s still pitching them as his favorite stock for 2018, as he did for 2017.

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rickperryz
2 years ago

I bought STM back soon after Paul recommended it at $5.78 – it’s now 4 times that.

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