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The FDA’s full approval of Pfizer (NYSE:PFE) and BioNTech’s (BNTX) COVID-19 vaccine propelled stocks to close higher yesterday. Furthermore, according to Ataman Ozyildirim, Senior Director of Economic Research at the Conference Board, the real GDP growth for 2021 could reach 6% year-over-year. These factors could bode well for already well-performing growth stocks.
So, we think the shares of ON Semiconductor Corporation (ON), Dillard’s Inc. (DDS), and Cohu Inc. (NASDAQ:COHU)—companies that possess solid growth attributes—could be ideal bets now.
