- The stock has stalled after a big run, even though earnings growth is strong as ever thanks to an expansion that has legs to it.
- The chart patterns reveal a certain level of resilience in PLAB despite all the recent headwinds, which bodes well going forward considering the circumstances.
- PLAB is still relatively inexpensive with multiples where they are, especially considering the amount of ground covered in the last 12 months.
- There are risks out there and patience may be needed, but long PLAB is worth it all things considered.
For further details see:
Photronics: Time To Get Back In