๐ก SEMTECH: 103% EPS GROWTH PROJECTION ๐ก
$SMTC.US is down 13.24% recently, but analysts see 103.70% EPS growth and 41.50% sales growth. This is a CONTRARIAN buy.
The Semtech story:
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Semiconductor + connectivity = AI + IoT
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103% EPS growth projected
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Pullback = entry opportunity
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Long-term structural growth
Trade it:
๐ Current: ~$135.40
๐ Target: $160-$180 (if growth delivers)
๐ Stop: $120
Risk:
โ ๏ธ High P/E (38.43) = expectations are high
โ ๏ธ Semiconductor cyclicality
โ ๏ธ Recent downtrend = momentum against you
This is for patient, growth-oriented investors.
#SMTC #Semtech #stocks #Semiconductors #Investing