We came across a bullish thesis on Photronics, Inc. on Beeli Capital’s Substack by Andrew Beeli. In this article, we will summarize the bulls’ thesis on PLAB. Photronics, Inc.'s share was trading at $35.28 as of January 29th. PLAB’s trailing P/E was 15.77 according to Yahoo Finance.
Photronics, Inc., together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States and internationally. PLAB delivered a strong quarter, highlighted by adjusted EPS of $0.60 versus $0.45 expected and revenue of $216 million versus $205...
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