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Photronics, Inc. (PLAB): A Bull Case Theory

We came across a bullish thesis on Photronics, Inc. on Enterprising Investor’s Substack by Tyler Moody. In this article, we will summarize the bulls’ thesis on PLAB. Photronics, Inc.'s share was trading at $20.36 as of July 31st. PLAB’s trailing P/E was 10.54 according to Yahoo Finance.

[caption id="attachment_1206919" align="aligncenter" width="768"] An engineer manipulating a complex circuit board that will be used in flat panel displays.[/caption]

Photronics (PLAB), a manufacturer of photolithography masks essential for semiconductor production, was initially flagged for...