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home / news releases / PLAB - Photronics May Be Priming Itself For A Rebound

PLAB - Photronics May Be Priming Itself For A Rebound

Photronics Inc.
  • The Q3 report was better than expected and there are several reasons why even better numbers are in the pipeline.
  • The stock has struggled recently after peaking with a gain of 35% in 2021, surrendering a large portion of its YTD gains in the process.
  • The chart patterns suggest a move higher is more likely than a move lower, especially with multiples where they are.
  • While PLAB is not without risks due to U.S-China tensions, fundamentals, valuations and charts argue in favor of the bull case.

For further details see:

Photronics May Be Priming Itself For A Rebound
Stock Information
Company Name: Photronics Inc.
Stock Symbol: PLAB
Market: NASDAQ
Website: photronics.com
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