- Recent numbers from KLIC have been outstanding, and the Q2 FY2021 ones were no exception, with revenue and EPS growing by 125.7% and 384.6%, respectively.
- KLIC raised its FY2021 outlook with the forecast calling for Q3 EPS to quintuple, yet the stock has struggled in spite of the terrific numbers.
- KLIC is calling for a slowdown in FY2022, and the stock is priced for one based on the multiples it’s trading at, even though there’s no sign of it yet.
- Long KLIC makes sense if there’s a slowdown or not, especially since KLIC may once again be too conservative with its outlook.
For further details see:
Kulicke And Soffa: Why Market Response Was Restrained Though Earnings Were Outstanding