Thanks, sounds really interesting. Any idea of catalysts coming up. Can certainly sew how it recovers from lows, but is it all eyes on samsung, etc capex as the next clue?
Yeah, in terms of catalysts, I expect it will mainly be about peers reporting their quarterly earnings as it generally moves the entire sector. Think about AMAT and LRCX in the coming weeks, but also the likes of AMD and Nvidia.
Indeed, capex guidance from the likes of Samsung, TSMC, and Intel are always important indicators as well and could move the share price.
I would argue you still have an excellent opportunity to add shares right now. I just updated my valuation metrics in the post for what it's worth. Still looks favorably priced as long as the share price remains below €700 per share, which I doubt it will trade below for long.
Thanks, sounds really interesting. Any idea of catalysts coming up. Can certainly sew how it recovers from lows, but is it all eyes on samsung, etc capex as the next clue?
Yeah, in terms of catalysts, I expect it will mainly be about peers reporting their quarterly earnings as it generally moves the entire sector. Think about AMAT and LRCX in the coming weeks, but also the likes of AMD and Nvidia.
Indeed, capex guidance from the likes of Samsung, TSMC, and Intel are always important indicators as well and could move the share price.
Markets overreacted in my opinion. Great analysis as usual!
Thank you so much!
Completely agree with you, I picked up shares as well! Great post! 👌
Thank you Summit Stocks!
Good stuff! Looks like I missed my shot trying to squeeze out another 5% discount in the stock price 😣
I would argue you still have an excellent opportunity to add shares right now. I just updated my valuation metrics in the post for what it's worth. Still looks favorably priced as long as the share price remains below €700 per share, which I doubt it will trade below for long.
"Granted, at €722 today ..." I guess it is $723!?
Thanks for pointing this out! Guess I mixed up the dollar and Euro price! I will correct this asap!
This has been edited to show the right numbers based on the shares trading on the Dutch AEX in Euro