Industry-wide sales are expected to recover in the second half of this year, enabling chip-makers to grow Continue reading...: The semiconductor industry is cyclical, and picking companies to invest in can turn out to be a tricky task. The uncertainty surrounding the sector often leads to the mispricing of securities, which provides great investment opportunities. For example, I published an article on Skyworks Solutions (SWKS) on Sept. 20, 2019, when shares were trading at around $81, in which I assigned a target price of $109. Shares closed at $124.17 on Jan. 17, 2020, gaining 53% in this short time.