Conviction: 5/5
General Thesis
Growth
Value
General Thesis
- bouncing off of long-term channel support (since 2009)
- Weekly RSI not quite bouncing off historical turning points
- not super clear, but could be forming a lont0term cup and handle
Growth
- Margins quite low compared to own history
- low growth
Value
- cheap, ESPECIALLY compared to other chipmakers
Fundamentals
low debt/asset ratio and plenty of cash to deal with short term debts
Potential Risks
- expensive market...
- 2000-era peak continues to serve as resistance