Is ACLS a Hidden Gem in the Semiconductor Sell-Off?

2 dic

While the S&P 500, Dow, and Nasdaq are making or nearing all-time highs, many components of the Philadelphia Semiconductor Index (SOX) have been selling off for months. Historically, these levels have been great buying opportunities, but I can’t help wondering if there are issues we don’t know about yet that are already priced in.
I went shopping today and picked up some semiconductor stocks that have been beaten down. First on the list is ACLS. It’s down over 60% from its all-time high of $200 a share back in July 2023 and more than 50% off its 52-week high of $157 set back this July.
What’s interesting here is that this company has a consistent track record of beating earnings expectations for the past 26 quarters!! and its margins have been growing steadily over the last four years. So, the question is: is the stock price signaling some issues we’re not aware of, or is this a great buying opportunity?
I am in at $77.60 small size.

11 dic

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Even though we’re sitting near all-time highs in all indexes, and the whole world—including yours truly—is waiting for the Santa rally, I can’t help but scream: "WHAT THE HECK IS GOING ON WITH THE SEMICONDUCTOR STOCKS!??"
This year feels so different from the last. There are so few new long positions that have worked out, and honestly, it’s making me cautious. I’m starting to look at taking profits, even in a market that feels like it should be charging higher.
But hey, it’s still a bull market, and as they say, “Santa always comes… until he doesn’t.” Let’s see how this one plays out.

l’altro ieri

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