Which stock is best for a $200K buy?
Posted March 04, 2018 06:05:00 The world’s most valuable stock market is on the move again, as the price of a major company that specializes in developing semiconductor technologies has dropped dramatically.
Hexo Energy Corp., one of the world’s largest producers of high-performance silicon, is trading at about $180 a share.
The shares were down 3.4% at $160.30.
The Dow Jones Industrial Average has been up about 200 points, or about 6%.
Hexos main competitors are semiconductor companies such as Advanced Micro Devices Inc., Nvidia Corp., Samsung Electronics Co., Micron Technology Inc., and others.
Haxor, one of Hexos main suppliers, is up about 11% and has gained about 1.4%.
It also owns a major stake in the maker of chips that power some of the chips powering Google’s self-driving car project.
Shares of Intel Corp., which makes chips for Google, Facebook, and other technology companies, have also dropped, although it is trading up about 10%.
Intel has been the best performing of the four big tech companies.