We came across a bullish thesis on Semtech Corporation on TechIt_alt’s Substack. In this article, we will summarize the bulls’ thesis on SMTC. Semtech Corporation’s share was trading at $58.09 as of August 29th. SMTC’s trailing and forward P/E were 92.21 and 34.97 respectively according to Yahoo Finance.
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Semtech Corporation (NASDAQ: SMTC) delivered a strong quarter, surpassing revenue and EPS expectations, with Q2 revenue of $257.6 million, up 20%...
