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IFNNF - Infineon: A Second Tranche Offers Value But Maybe Only For Long Time Investors
Infineon Techs Ag
In August, Infineon (OTCQX:IFNNF; OTCQX:IFNNY) provided the figures for the third quarter. After I recommended buying a first tranche of Infineon shares three months ago, the price rose by almost 30 percent. During this time, Infineon clearly outperformed the S&P 500.
In the following analysis, I would like to work out whether an investment is worthwhile in view of the price gains and the published quarter numbers or whether investors should rather wait. After providing the highlights of the third quarter, I will analyze the numbers.