This Tiny Semiconductor Stock Could Provide Monster Returns Over the Next Decade

Shares of small semiconductor equipment company Onto Innovation (NYSE: ONTO) have been on a roll this year (up over 50% so far in 2023) and are near all-time highs. A record number of chip fabs (the facilities that manufacture chips) have recently been green-lit for construction, and those facilities will need to be filled with advanced equipment like what Onto specializes in. Here's why this could be a monster stock to own for the rest of this decade.