We came across a bullish thesis on Allegro MicroSystems, Inc. on Make Money, Make Time’s Substack by Oliver | MMMT Wealth. In this article, we will summarize the bulls’ thesis on ALGM. Allegro MicroSystems, Inc.'s share was trading at $28.41 as of October 2nd. ALGM’s trailing and forward P/E were 62.61 and 52.63 respectively according to Yahoo Finance.
Allegro MicroSystems (ALGM) operates in a critical yet often overlooked segment of the semiconductor ecosystem, focusing on motion control and power management ICs. The company is a leading player in the automotive sector, where...
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