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AMKR - Amkor Technology: The Pros Outweigh The Cons
June, 24 2022 06:35 AM
Amkor Technology Inc.
The charts have been leaning bearish for quite some time and they appear to have made a turn for the worse in recent days. Earnings are expected to take a dip after a record-setting quarter, but there is reason to believe a rebound is not that far away. Multiples for AMKR are arguably already too low and they will only get lower the more the stock keeps declining. The stock is likely heading lower in the short term, but valuations in combination with a likely second half rebound makes long AMKR worth it. For further details see:
Amkor Technology: The Pros Outweigh The Cons
Stock Information
Company Name:
Amkor Technology Inc.
Stock Symbol:
AMKR
Market:
NASDAQ
Website:
amkor.com
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