- No doubt semiconductors are unloved and have undergone a severe correction - even though there is still a chip shortage and most companies are growing and strongly profitable.
- Photronics is one of those companies. PLAB is a leader in photomask technology and announced a Q2 EPS report today that was a home-run.
- Even after shares rallied sharply, the stock still trades with a forward P/E of only ~10x.
- PLAB is strongly profitable, has rising margins, a great future, and is cash rich. PLAB is a BUY.
For further details see:
Photronics: Extreme Value In The Semiconductor Sector