- FY2021 was a very good year for KLIC and its stock, but FY2022 is certain to be different and the stock seems to have taken notice.
- KLIC grew EPS by more than 500% and trades at comparatively low valuations, but the stock is struggling for several reasons heading into 2022.
- Sentiment seems to have turned against KLIC with a rise in short interest and insider selling may have only emboldened the shorts.
- Long KLIC is still worth pursuing with multiples where they are, but patience will be needed as the road ahead could be a bumpy one.
For further details see:
Kulicke and Soffa Industries: Patience Will Be Needed As Things Have Changed