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NPTN - Why It May Be A Good Time To Go Long NeoPhotonics Even Though Challenges Remain
August, 10 2021 08:39 AM
NeoPhotonics Corporation
NPTN posted bigger losses in Q2, but the quarterly numbers are likely to get better from here on out due to several factors. NPTN got an assist in Q2 from the partial return of Huawei, even though the negative impact of trade restrictions lingers on. The stock has looked weak for months, but the charts suggest NPTN is likely to change course in the not too distant future. NPTN is not without major risks, but long NPTN is still a bet worth taking for several reasons. For further details see:
Why It May Be A Good Time To Go Long NeoPhotonics Even Though Challenges Remain
Stock Information
Company Name:
NeoPhotonics Corporation
Stock Symbol:
NPTN
Market:
NYSE
Website:
neophotonics.com
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