- KLIC once again grew at a torrid pace like it did in the preceding quarter, but the difference lay in how the market responded.
- KLIC was much more optimistic about the outlook in its latest report, very different from the preceding one with its more downbeat outlook.
- Multiples are priced for a slowdown even though one has yet to come, which offers an opportunity if growth surprises to the upside once again.
- Long KLIC is the way to go with the stock in an uptrend and with the possibility that KLIC is again too conservative with its forecasts.
For further details see:
Why The Market Had A Change Of Heart Regarding Kulicke And Soffa Industries