QUIK - QuickLogic: Much To Like But Wait For A Further Price Correction
2024-04-04 11:23:02 ET
Summary
- QuickLogic Corporation, a fabless semi which has been making waves in eFPGA IP licensing, has delivered 3x the returns of the NASDAQ over the last 6 months.
- We highlight some of the enticing narratives associated with this story.
- The charts suggest that investors ought to wait for a further pullback before a long position is considered.
Introduction
QuickLogic Corporation ( QUIK ), is a 33-year-old fabless semiconductor entity that provides a variety of flexible silicon and software platforms. They enable its clients (based in terrains such as aerospace & defense, industrial, and consumer electronics) to produce custom hardware products in a rapid and cost-efficient manner....
QuickLogic: Much To Like, But Wait For A Further Price Correction