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FTXL - CEVA Could Still Go Either Way
May, 31 2022 01:19 PM
First Trust Nasdaq Semiconductor ETF
The stock has been on fire lately, but a look at the charts suggests there are obstacles ahead that could potentially block further gains. Growth seems to be accelerating, which is a notable improvement since growth left something to be desired until fairly recently. Multiples for CEVA may be too high for some, especially since one can argue that CEVA has work to do when it comes to earnings. Long CEVA has its arguments, but the arguments against it appear to have the upper hand at this point in time. For further details see:
CEVA Could Still Go Either Way
Stock Information
Company Name:
First Trust Nasdaq Semiconductor ETF
Stock Symbol:
FTXL
Market:
NASDAQ
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