Here’s Why Investors Love Lattice Semiconductor Corporation (LSCC)

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Small Cap Growth Fund” first quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, small-cap stocks performed well with varying results from the indexes.  The Russell 2000 Growth Index was up 6.07% while the Russell 2000 Value Index was 0.67% down in the quarter. In addition, you can check the top 5 holdings of the fund to know its best picks in 2023.

Carillon Eagle Small Cap Growth Fund highlighted stocks like Lattice Semiconductor Corporation (NASDAQ:LSCC) in the first quarter 2023 investor letter. Based in Hillsboro, Oregon, Lattice Semiconductor Corporation (NASDAQ:LSCC) is a semiconductor products developer. On June 23, 2023, Lattice Semiconductor Corporation (NASDAQ:LSCC) stock closed at $85.35 per share. One-month return of Lattice Semiconductor Corporation (NASDAQ:LSCC) was 2.67%, and its shares gained 63.44% of their value over the last 52 weeks. Lattice Semiconductor Corporation (NASDAQ:LSCC) has a market capitalization of $11.748 billion.

Carillon Eagle Small Cap Growth Fund made the following comment about Lattice Semiconductor Corporation (NASDAQ:LSCC) in its first quarter 2023 investor letter:

“Lattice Semiconductor Corporation (NASDAQ:LSCC) provides programmable chips. Investors have appreciated the company’s robust growth combined with increasing margins and cash flow. Furthermore, the product launch for the next-generation chip went well and we believe sets the company up for continued healthy growth this year and beyond.”

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Lattice Semiconductor Corporation (NASDAQ:LSCC) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 36 hedge fund portfolios held Lattice Semiconductor Corporation (NASDAQ:LSCC) at the end of first quarter 2023 which was 35 in the previous quarter.

We discussed Lattice Semiconductor Corporation (NASDAQ:LSCC) in another article and shared Artisan Small Cap Fund’s views on the company. In addition, please check out our hedge fund investor letters Q1 2023 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.