- AOSL continued to set new records for revenue and earnings in Q1 FY2022, but the pace of growth is clearly slowing down.
- Growth in the near term will be negatively affected by supply constraints, but that does not mean AOSL cannot drive earnings higher.
- Multiples continue to be very reasonable even though the stock has moved higher, but they’re no longer the screaming buy of several months ago.
- The stock has soared higher in a short amount of time, a sign it’s time for caution by taking some chips off the table.
For further details see:
Taking Some Chips Off The Table Is The Prudent Move With Alpha and Omega Semiconductor