It’s not just the makers of laptops and other consumer electronics that have been facing headwinds from the global semiconductor shortage. Automobile manufacturers have also been a high-profile victim, and the dearth of chips has hit makers of appliances connected to the “internet of things,” among other industries. The demand for chips has increased as the coronavirus pandemic eases, but supply hasn’t caught up. So prices have been rising, and that helps chipmakers. “Cars and phones are costing more because of this single product supply crunch,” says Kunal Sawhney, CEO of Kalkine Group, adding that the “trajectory of semiconductor stocks will be upward in the near to medium term.” With that backdrop of strong supply-and-demand fundamentals, here are seven semiconductor stocks that experts point to as top picks.

Broadcom Inc. (AVGO)

Broadcom designs and supplies semiconductors and infrastructure software. In its September quarterly report, the company said its revenue rose 16% year on year, while its net income more than doubled. “Broadcom delivered record revenues in the third quarter, reflecting our product and technology leadership across multiple secular growth markets in cloud, 5G infrastructure, broadband and wireless,” CEO Hock Tan said in a press release accompanying the numbers. Allen Thuma, portfolio manager and research analyst with Buckingham Advisors, says Broadcom is benefiting from the move into 5G smartphones – amid a shift to the phasing out of 3G – and has other business segments that provide diversification, strong cash flows and a favorable margin profile.

Qualcomm Inc. (QCOM)

This company makes chips for cell phones and is a supplier to Apple Inc. (AAPL). The iPhone maker said in its most recent quarterly results conference call that supply constraints cost it $6 billion in revenue “driven primarily by industrywide silicon shortages and COVID-related manufacturing disruptions.” Despite that, Qualcomm beat earnings and revenue estimates in its most recent results and issued robust guidance for this quarter. Nancy Tengler, chief investment officer at Laffer Tengler Investments, says the “company is in the sweet spot of 5G build-out.” Qualcomm “has a leading position in the mobile handset market and should get a boost from the ongoing 5G upgrade cycle,” says Anthony Minopoli, chief investment officer with Knights of Columbus Asset Advisors.

Microchip Technology Inc. (MCHP)

Minopoli likes that this semiconductor company makes it a priority to return capital to shareholders in the form of dividends and share repurchases. “The company is positioned to benefit from some of the fastest-growing semiconductor market segments, driven by artificial intelligence, self-driving vehicles and broad-based device connectivity,” he says. “Indeed, long-range financial plans call for revenue growth of 6% to 8%, or twice that of the overall semiconductor market.” Minopoli thinks the company “could maintain a mid-teens average growth rate over the next several years as key end markets expand.”

Read Next : The Truth Behind the Global Chip Shortage

By now, you’ve no doubt seen the headlines about a global chip shortage.

GM and Toyota factories are shutting down…

Mass shortages of electronics are commonplace…

Everything from our food supply to medical device production is being strained to the breaking point.

And there is still no end in sight. As Intel reports, this shortage is set to continue for, “Several years.”

You may know it’s happening. You may know something seems to be very wrong…

But what you probably don’t yet realize–what few so far have figured out…

Is the disturbing truth behind all this.

And the fact that when chip shortages like this one happened in the past, the investors who took the right steps made 90 times their money…

… while millions of others who ignored these shortages LOST 90%.

Every time you hear about the chip crisis, remember: what we’re really witnessing isn’t some passing inconvenience or temporary trend.

What we are seeing is the most polarizing technological and financial event of our lifetimes.

One that will be a godsend for the select few investors who understand it…

And a disaster for the millions of others that are caught in its wake.

Already, behind the scenes, the realization is setting in.

• The world’s most important tech corporations, including Apple, Amazon, Google, and Microsoft, wrote an urgent plea to Congress, practically begging for help with this chip crisis—fast.
• The White House has stated this chip shortage is its “Top and immediate priority.”
• Rumor has it some Americans are already hoarding items that could become scarce in the weeks ahead.

Now, a former computer chip executive with over 20 years of experience is stepping forward. To explain every detail about what this shortage really means for you… and what it will soon mean for our world.

To view his full presentation on this pivotal moment in history, click here.