Skyworks Solutions (SWKS) is a semiconductor manufacturer. The company has a large amount of exposure to the Chinese market, where it generates around 85% of its total sales. SWKS has trended lower over the last two months, but should trade tensions continue to ease the stock should quickly erase its recent losses and more. The stock has already started to rebound, with shares up 2.0% on the day following news that President Trump was willing to work with China in order to help save China’s ZTE electronics company. SWKS currently trades at $98.82 with an average price target of $115.38.
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