Panjang
Time to look at II-VI
Across the megatrends of 5G, cloud computing, autonomous vehicles, and others, the common denominator is the requirement for components made of advanced engineered materials, II-VI looks like it's positioned for strong growth. Now trading at just 15.5 times next year's earnings estimates, below the overall market and many other high-growth tech stocks, this extended months-long malaise in II-VI stock is giving investors a chance to buy a great technology company that should grow handsomely over the next decade at a very reasonable price.
II-VI is down some 35% from all-time highs earlier this year looks oversold on the the daily and has shown solid support at $59 many times since November 2020. Plus there's 14 buys and 3 holds with a average PT of $80.
II-VI is down some 35% from all-time highs earlier this year looks oversold on the the daily and has shown solid support at $59 many times since November 2020. Plus there's 14 buys and 3 holds with a average PT of $80.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.