Teradyne (TER) is trading at an attractive valuation compared to its peers. However, it is a slow growth company. Compared to the current price, its 2022 price has 22.5% upside left, which is not very significant. But Teradyne is a steady and compelling long-term growth story. If investors want to make money from this company, they should wait for meaningful pullbacks for buying the stock.
Teradyne designs and develops automatic test systems for testing semiconductors, wireless products, data storage systems, and complex electronics systems. These systems are used in various sectors, such as