In early December of 2013 I wrote that FormFactor (FORM)
looked like an appealing risk-reward trade for more aggressive
investors, as the market seemed to be very down on the prospects for the
company to grow its SoC probe card business and improve its margins.
Since then, the shares are up over 50%, with a big run over the past few
weeks driven by improved guidance for the second quarter. There remain
valid ongoing concerns as to whether FormFactor can improve margins
enough to generate attractive long-term cash flow streams, but
technology transitions in memory and logic could make the next couple of
years very interesting for FormFactor.
Read more here:
FormFactor Coming Into Shape
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