📡 SEMTECH: 103% EPS GROWTH PROJECTION 📡
$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:
✅ Semiconductor + connectivity = AI + IoT
✅ 103% EPS growth projected
✅ Pullback = entry opportunity
✅ Long-term structural growth
Trade it:
📈 Current: ~$135.40
📈 Target: $160-$180 (if growth delivers)
📈 Stop: $120
Risk:
⚠️ High P/E (38.43) = expectations are high
⚠️ Semiconductor cyclicality
⚠️ Recent downtrend = momentum against you
This is for patient, growth-oriented investors.
#SMTC #Semtech #stocks #Semiconductors #Investing