We came across a bullish thesis on Adeia Inc. on TradersPro’s Substack. In this article, we will summarize the bulls’ thesis on ADEA. Adeia Inc.'s share was trading at $19.01 as of February 20th. ADEA’s trailing and forward P/E were 23.41 and 11.39 respectively according to Yahoo Finance.
Adeia Inc. (ADEA) is an intellectual property licensing company uniquely positioned to benefit from the structural growth of streaming, connected devices, and advanced semiconductor technologies. The company does not manufacture products but instead generates recurring revenue by licensing...
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