- Silicon Motion Technology Corporation is dealing with growth constraints, but it’s still able to post new quarterly highs with revenue and EPS doubling in Q3.
- While demand remains strong, SIMO is facing a couple of issues that are giving people second thoughts about the stock.
- There are strong reasons why longs may want to stick with SIMO, even if the stock has trouble holding on to gains lately.
- SIMO may require patience on the part of the bulls, but staying long is well worth it all things considered.
For further details see:
Why Long Silicon Motion Technology Corporation Is Still The Way To Go