5 George Soros Stocks that are on Sale Now

2. Transphorm, Inc. (NASDAQ:TGAN)

Year to Date Loss: 55%
Number of Hedge Fund Holders: 3

Transphorm, Inc. (NASDAQ:TGAN) is a company that develops, manufactures, and sells gallium nitride semiconductor components for high-voltage power conversion applications. The company’s sentiments have been hurt by disappointing results in recent quarters. Net loss in the most recent quarter surged to $7.4 million from $5.4 million, even as revenues increased to $5.9 million from $5.2 million.

After going down by 28% last year, Transphorm, Inc. (NASDAQ:TGAN) has already shed more than 55% in market value this year, turning out to be one of the biggest underperformers in the Soros hedge fund. Despite the underperformance, the stock boasts a Strong Buy rating with a $141.88 price target, implying a 6,290% upside potential from current levels.

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