There was ample opportunity to catch this ride if the messages had been heeded. Finally, the semiconductor sector itself has rebounded this year. Semtech's valuation had lagged its peers early in the year. One way to find an undiscovered jewel is to look for stocks in a leading industry that have not kept pace. The bullish case for Semtech is outlined nicely in a post last week by LeezaRodri on the AOL Semtech message board.
Margins continue to expand.
There is a strong case for continued growth in sales as the speed of digital products increases. That is a situation that should invite interest from a Foolish investor. Legal Information . All rights reserved. The Motley Fool.