Nxp Semiconductors N.V. (NXPI)

[Santa Barbara Broker]

Not this time EC. Even the bald squirrel finds an acorn in his wig once in awhile.

The combination of debt pay down from sale of the low tech cyclical chip business and their smart car platforms (along with one of the most brilliant and astute management teams and BODs I've ever researched) makes Jimmy C right this time. By any metric of semis NXPI is worth $130 a share as it sits here. Once grandma is letting the Buick drive her to the market (I estimate as early as 2019-20), NXPI is going to explode into the next AAPL. I've been a holder of the common stock since $35 accumulating on pullbacks and I'll be holding it in another 15 years when it's that price again....after five or six 3/1 stock splits.

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