NRSDY - Nordic Semiconductor: And We Have Liftoff

2024-06-13 23:13:56 ET

Summary

• Nordic Semiconductor is a Norwegian company with a market-leading position in ultra-low-power wireless communication solutions.
• Despite recent downturns, the company has shown significant outperformance and is expected to rebound in the future.
• The company is considered undervalued with a potential upside of 20% annualized, making it a speculative "BUY" opportunity.

Dear readers/followers,

In the past year, I've covered the company Nordic Semiconductor ( OTCPK:NDCVF ) ( OTCPK:NRSDY ) a few times and also started investment in the company as of my last article due to my belief or conviction in the company's bright future at this valuation. That's also why I had a "BUY" recommendation for the stock at the last article, at a price of $10.45 for the ADR....

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