You are encouraged to remain as fully invested as you can comfortably be while still sleeping easily at night, asserts Nate Pile, editor of Nate's Notes.

Despite all of the uncertainty surrounding the Delta variant along with all of the political unrest, fears about interest rates, inflation, asset bubbles, etc. all five of the indices I use to gauge the health of the overall market are still flashing “bull market” signals for us.

Be as patient as possible when it comes to taking profits, as history suggests that if the market does continue to head higher, it will likely do so with a vengeance as the bull market races towards a climactic crescendo “eventually.”

Though it can be mentally difficult to buy stocks when they trading near all-time highs, the chip sector is performing very well these days, and so is Lattice Semiconductor (LSCC); consequently, I have decided to add it to the newsletter this month to help give us a bit more exposure to (and diversification in) the chip space.

Lattice makes very low power programmable logic devices (i.e. “chips”) that are used in a wide variety of applications ranging from drones to cell towers to automotive applications to smart appliances (to name just a few).

Not surprisingly, given the rate at which semiconductors are being incorporated into just about everything that is being produced for consumers these days, Lattice has been doing well as a company lately (and, not surprisingly, so has its stock!).

To be sure, the bull market for chip stocks could end now, but with the fundamentals for the sector looking quite solid at this point in time — and the trend for most stocks in the sector clearly being “up” at the moment — I am excited to be adding Lattice to the basket of chip stocks we currently own.

With a reminder to plan on building a position over a period of several months rather than doing it all at once, LSCC is a strong buy under $55 and a buy under $65.

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