Prediction: Navitas Semiconductor Will Soar Over the Next 5 Years. Here's 1 Reason Why.

It's time to upgrade the long-used material found in nearly every single electricity-consuming device and machine.

A passing glance might rule out an investment in Navitas Semiconductor ( NVTS 7.71% ) . The company loses more money than it currently collects in revenue, and the stock has floundered since the company's 2021 SPAC .

Risk-tolerant investors still might want to put Navitas on their watch list, though, and maybe even in their portfolio. That's because the next five years should look very different.

What's Navitas Semiconductor?

Simply put, Navitas Semiconductor is revolutionizing the silicon that's been found in most electronics and electrically powered devices for decades. Its well-patented silicon carbide (SiC) material allows for more power-efficient circuits, a