Synopsys benefits from the semiconductor revolution through an incredible market share, leading to mid-teens growth. Yet investors should treat carefully amid sky-high valuations.
Expensive is relative in many instances. In this case, yes, it is expensive, but relative to historical averages, it is not that expensive, even as its future projections are solid and improving. Some stocks just never trade at a massive discount - Synopsys is among those. The quality here is insane.
As a result, even though shares look expensive, I find them pretty compelling today, especially with AI potentially providing a lot more upside.
This is truly a great company - Synopsys EDA tools and IP are vital in the chip design process. The main driver behind this stock is design starts. Slightly nervous to see how things pan out with the new CEO, Sassine Ghazi, who has just taken the helm. SNPS is one of my core holdings, I'm in for the long term.
Totally right! I have also initiated a small position now and hope to build it over time. The CEO change is a risk, but it is looking good so far. Good luck!
Still looks pretty expensive even with recent drop
Expensive is relative in many instances. In this case, yes, it is expensive, but relative to historical averages, it is not that expensive, even as its future projections are solid and improving. Some stocks just never trade at a massive discount - Synopsys is among those. The quality here is insane.
As a result, even though shares look expensive, I find them pretty compelling today, especially with AI potentially providing a lot more upside.
I like the risk-reward currently.
This is truly a great company - Synopsys EDA tools and IP are vital in the chip design process. The main driver behind this stock is design starts. Slightly nervous to see how things pan out with the new CEO, Sassine Ghazi, who has just taken the helm. SNPS is one of my core holdings, I'm in for the long term.
Totally right! I have also initiated a small position now and hope to build it over time. The CEO change is a risk, but it is looking good so far. Good luck!