NasdaqGS:SMTCSemiconductor
Has Semtech’s 163% Three Year Surge Left Limited Upside at Today’s Price?
If you are wondering whether Semtech at around $72.89 is still worth a closer look, or if the big money has already been made, you are in the right place to work out what the current price really implies.
The stock has pulled back about 8.4% over the last week, but it is still up 7.8% over 30 days and 17.4% year to date, with a 163.1% gain over 3 years that naturally raises questions about what comes next.
Recent moves have been driven by growing investor attention on Semtech's role in...