olaser/E+ via Getty Images Investment Thesis Skyworks Solutions, Inc. (NASDAQ:SWKS), a wireless semi-provider of “RF and complete semi-system solutions for mobile communication applications,” announced earnings for its second quarter of FY2024 earlier this week. I wasn’t too optimistic ahead of earnings, and am still not after guidance. I initiate Skyworks with a Hold; I think…
hapabapa Rubrik (NYSE:RBRK) is the first major software IPO of the year and came public to great success, with the stock trading 15% higher at the close. I analyze the financial results and discuss the confusing difference between revenue and ARR growth. The company is not yet profitable, but I expect solid margins over the…
JHVEPhoto/iStock Editorial via Getty Images Investment Thesis Western Digital Corp. (NASDAQ:WDC) is scheduled to announce earnings later this month on the 25th of April. In continuity with my recent theme of windows to play on the memory recovery, I think Western Digital should be on investors’ radar for 2024, more particularly ahead of their third…
Evgenii Emelianov/iStock via Getty Images Investment Thesis Ambarella, Inc. (NASDAQ:AMBA) reported its fourth quarter of FY2024 results and outlook for FY25 in late February, confirming what I believe will be a lackluster first half of FY2025. Ambarella is a relatively small-cap semiconductor company that develops low-power semiconductor solutions offering HD and Ultra HD compression, image…
ifish/E+ via Getty Images Investment Thesis Semtech Corp. (NASDAQ:SMTC) reported results for its third quarter of FY2024 late last year. Since then, I think the stock has not only bottomed in terms of revenue this quarter and outlook but also in its stock price movement. Semtech stock now provides a more balanced risk-reward after all…
Edwin Tan /E+ via Getty Images We’re initiating Aehr Test Systems (NASDAQ:AEHR) with a buy-rating. AEHR is a leading provider of test systems for burning-in and testing memory and logic integrated circuits with a unique position in the semiconductor industry and exposure to the EV market. The company announced 2Q24 results and outlook earlier this…
Justin Sullivan It’s been a little over a month since Instacart’s (NASDAQ:CART) IPO at $42 per share, and it’s probably safe to say that the grocery startup company chose among the worst macro climates to go public. Despite showing a strong bottom line alongside consistent growth rates, Instacart is competing with 5%+ risk-free interest rates,…
andreswd Visa Inc (NYSE:V) reported strong Q4 FY 2023 results that topped analyst estimates. Additionally, V announced a 15.6% increase in its quarterly dividend to $0.52 per share from $0.45 per share previously. The company also announced a new $ 25 billion share repurchase program. Given these strong results, I would have expected shares to…
sturti/E+ via Getty Images It took a while, but SolarEdge (NASDAQ:SEDG) has finally seen its stock get impacted by the broader valuation reset among growth stocks. It is curious that SEDG is seeing the stock price weakness just as many tech stocks look to be finishing up their own stunning recoveries, but it does make…