$MagnaChip Semiconductor (MX.US)$ Magnachip Semiconductor Co...

$MagnaChip Semiconductor (MX.US)$ Magnachip Semiconductor Corporation is a relatively minor player with lots of assets and opportunities that minimize risks and leave us bullish.

Magnachip is properly valued, has strong potential growth, it is profitable, produces healthy margins, and is cash rich with innocuous debt.

The shareholder profile suggests a good enough offer to sell will be seriously considered and this is the age of M&As in the semiconductor arena.

PonyWang

Magnachip Semiconductor Corporation (NYSE:MX) is a relatively minor player with lots of assets and opportunities that minimize risks and leave us bullish.

All ten Seeking Alpha analysts covering MX over the past 18 months recommend a buy or strong buy. Few Wall Street analysts cover the stock but they, too, see potential opportunity in owning the shares. We have the average price target potentially at $22; that represents a 44.17% upside from the current price of $15.26. Others see a 64% upside with an average price target of $25. The stock hit a 52-week low of $13.04 just 26 days ago. Shares are down almost 26% for the year.