NasdaqGS:SKHYSemiconductor
SK Hynix (NasdaqGS:SKHY) Stock Still Looks Like A Bargain Despite New ETF Attention
SK Hynix has had a strong run recently, and with the stock closing at US$182.99, the real question now is whether that price still lines up with what its earnings can support. With such a move in a volatile semiconductor market, investors are increasingly asking if the market is paying too much attention to momentum and not enough to the income statement.
Over the past month the share price has risen 17.6%, which puts fresh pressure on the earnings multiple to justify that kind of short term...