STMicroelectronics: Intriguing Apple Supplier Play

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About: STMicroelectronics N.V. (STM), Includes: AAPL
by: Bill Maurer
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Bill Maurer
Long/short equity, long only, short only, Growth
Summary

FaceID expansion should help boost revenues.

eSIM could be added bonus to upside.

Valuation appears attractive to peers.

There are always investors who want to take advantage of Apple's (AAPL) success, but they may already have plenty of the stock in their portfolio. The next best thing is usually to purchase