They make testing equipment for semi-conductor companies. It has great recurring revenue and is not expensive here. A play on the re-acceleration of the economy. Yield 0.56% (Analysts’ price target is $61.80)
Though semis are down today, they are great companies making components that we all need. She owns a big position in Teradyne because it trades at a reasonable 16x, is profitable and offers great growth prospects. Ride them out for the long term.
Almost back to the level of fall 2020. Problems on profitability. Lower highs, lower lows. Bit of a bounce. Don't touch until you get above about $117.50. There's a big gap between $120-140, and you'll probably fill that in on one of these market rallies. Don't go beyond $140.
Sells test equipment for chips and for equipment. Very pricey, just off all-time highs. Over the next 6 months, you could probably get it closer to $110-120. Another one to watch is KEYS.
Semis are the basic building block of the modern economy. The most economically sensitive area. The group has gone through a correction. Highly doubts the rally is over. Huge shortage of chips. TER, LRCX, and AMAT all look attractive. Demand will be quite strong going forward.
(A Top Pick Nov 20/19, Up 83%) Can continue to buy here. Attractive company. Has done well, and of course there could be a pullback. A big beneficiary of the upgrade chip cycle.
A little nervous about the semiconductor cycle. This company seems to be getting its act together. Have done some restructuring. Not exposed to the themes that he is really fond of at this time.