2024-05-19 11:03:20 ET
Summary
- The latest report suggests POWI is past the trough in the downturn, but some skepticism might be in order in light of the recent past.
- The stock has rallied recently, but there are several reasons why the stock may have to pull back in the short term.
- The latest Investor Presentation shed light on the financial model for the coming years and there is much to be upbeat about.
- Long POWI may look enticing to some, but it would not be prudent toignore what has happened before to POWI.
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Power Integrations: On The Road To Recovery For Real Or Perhaps Not