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Penguin Solutions, Inc. (PENG): A Bull Case Theory 

We came across a bullish thesis on Penguin Solutions, Inc. on ValueInvesting subreddit by digital_odysseus. In this article, we will summarize the bulls’ thesis on PENG. Penguin Solutions, Inc.'s share was trading at $19.74 as of January 29th. PENG’s trailing and forward P/E were 89.73 and 12.48 respectively according to Yahoo Finance.

Penguin Solutions (PENG), formerly SMART Global Holdings, is repositioning itself from a holding company focused on memory and LED products into a pure-play AI infrastructure builder. The company now specializes in architecting and constructing...