Author: Louis Navellier and the InvestorPlace Research Staff

A global shortage of semiconductors is having a huge ripple effect, making them the most valuable and in-demand product on the planet right now. With this in mind, here are seven names to consider in the space.

It’s been on a relentless growth trajectory over the past five years, and its latest dip can be viewed as a pre-earnings buying opportunity.

Although shares are down from February highs, industry growth isn’t projected to slow down.