- CEVA trades at relatively high valuations due to its growth potential, but it’s not growing all that fast for whatever reason.
- CEVA had some good news to share in its latest report, but there were some weaknesses to be found as well.
- The stock may be forming a base, which could tempt some speculators to take a chance at what used to be a high-flying stock not that long ago.
- The stock may go on another rollercoaster ride like before, but any move higher is unlikely to be sustained the way things stand.
For further details see:
Why CEVA Is Not A Long Even If It Goes On Another Rally