- SGH ended FY2021 on a strong note, but the numbers were not as good as they appear at first upon closer review.
- The stock soared after the Q4 report, but it has not really gained all that much since the latest moves only offset earlier setbacks.
- While the headline numbers overstate things a bit, there’s no doubt SGH is doing well in terms of the big picture.
- The stock may test your patience, but with the direction SGH is heading and with multiples where they are, long SGH is a bet worth taking.
For further details see:
Why SMART Global Holdings Has Yet To Break Out Even After The Latest Rally