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- Nordic Semi launched 2020 suite of new products that should help accelerate growth

- Mid-teens sales growth could rise to 20%; stock undervalued vs peers on EV/sales

- Growth could propel EBITDA margin to 19% from 14% and stock by up to 50%

The arrival of the coronavirus (COVID-19) outbreak has shunted aside most other equity market themes and worries, and understandably so.  With the market having recovered most of its losses and as sentiment heals, previous topics should again be recognized among investors.

Source: Nordic Semi

I believe one of those resurgent ideas will be the “Internet of Things” (IOT), a subject that remains rich in possibilities both for the world’s consumers and for companies that provide the architecture and backbone. For the uninitiated, IOT represents a world where most objects can be connected via the internet and local networks, giving and receiving data, from refrigerators to respirators to home security devices, and making them work better. An IOT fridge, for example, could tell you the condenser has reached the end of its usefulness. With innovative sensors, IOT can help cars avoid accidents.

Nordic Semiconductor (NOD.NO) is likely a company you have not heard of, as it’s small (with a market cap just over $1 billio...

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