ICHR - Ichor Holdings: Needs To Deliver Or It Will Be Down She Goes
2024-04-08 08:12:52 ET
Summary
- Ichor Holdings continues to struggle in several areas, but an upbeat outlook was able to come to the rescue of the stock by overcoming resistance.
- Recent quarterly results were worse than expected, but the outlook calling for a strong recovery over the next two years overshadowed everything.
- The outlook clarifies much of what to expect, but this could become an issue if the outlook turns out to be inaccurate.
- ICHR needs to be right with its outlook, or the stock could be in trouble after rallying on the back of the outlook.
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Ichor Holdings: Needs To Deliver Or It Will Be Down She Goes