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Photronics, Inc.Photronics, Inc.Photronics, Inc.

Photronics, Inc.

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PLAB trade ideas

PLAB - Aug 24 V2 MATrend Sustainable MomentumPrice structure would facilitate a bullish move as it recently broke above the 100SMA. Risk reward ratio at previous peak is 2.55R. Direction is aligned to the RUT index move V2 MATrend Sustainable Momentum (Systematic) 🚀 Strategy Signals identify market opening H1 candles through momentum and behaviour change that potentially could indicate a shift in the current price overall structure. Risk We use the signal candle's highs and lows for entry and stop loss. If price hits the stop loss, it is clear that the shift we expected did not come to fruitation. Portfolio Shortlisted Tech stocks with a positive backtest across the past 6 years, Avg >30% Win rate. Focus Focus is never on the signal candle alone, but it's role in the larger structure and the direction it is inclided towards with a minimum Risk & Reward of 2R Character Trend, Positive Skew
NASDAQ:PLABLong
by Ronin_trader
5/21/24 - $plab - interesting, small long punt into EPS5/21/24 - vrockstar - NASDAQ:PLAB - like the setup here, first time reviewing the co. financial bogeys and any guide shoudn't be too negative. stock has beat SPY since covid lows which is impressive/ important for long plays (to me). 13x pe, high single digit FCF yield, MSD growth... all very reasonable. not the highest conviction play, so i'm going smaller into the print, but any place that has the right setup for EV-positive trade i take the shot (that's my strategy). interesting. look fwd to following this into future prints.
NASDAQ:PLABLong
by VROCKSTAR
2
Photronics (PLAB:NASDAQ) - Undervalued GemPhotronics: Undervalued Gem with Margins and Market Power Margins and Valuation: Photronics Presents a Compelling Opportunity: An In-Depth Look at Growth Potential Photronics is currently poised as an intriguing investment prospect due to its notable margin improvements and undervaluation. Investors may find the company's current stock levels an appealing entry point. Photronics' Unique Position: Dominance in Photomasking Segment: Unveiling Pricing Power and High Margins The company's distinctive role in the photomasking sector of the semiconductor industry positions it favourably. This unique niche grants Photronics the advantage of pricing power, allowing it to maintain elevated margins, which adds to its financial robustness. China Dependency and Geopolitical Resilience: A Close Look at Revenue Sources and Market Stability Despite a significant reliance on China for revenue generation, Photronics has demonstrated resilience in the face of geopolitical tensions. The company has managed to minimize the impacts from these tensions and is expected to continue operating in China, thus maintaining its market presence and stability. Conclusion: Photronics stands as an undervalued opportunity with evident improvements in margins, making it a compelling choice for investors. Its strategic position within the photomasking sector provides it with the unique ability to command prices and uphold high margins. While there is a notable dependence on China for revenue, the company's adept handling of geopolitical challenges affirms its resilience. Overall, Photronics' potential for continued growth, coupled with its strong positioning, supports a "buy" recommendation at current levels. This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
NASDAQ:PLABLong
by CapitalMarketsEliteGroup
Phototonics USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision. #debadipb #profitsolutions
NASDAQ:PLAB
by Sunstorminvest
PLAB about to finally break out of resistance zone?Hi. In this 1D chart I've simply plotted the ongoing ascending triangle and it's projected imminent breakout. PLAB showed up in one of my indicator stock screens again and is showing wonderful strength on that front and if you want a deeper dive into the stability of its growth see the linked idea below for my old deep dive into why PLAB is a strong long-term investment for at least the coming year. Thank you. Please if you have any thoughts or comments do leave them below and I would gladly discuss or adjust my interpretations and methods. This does not constitute financial advice. Any prices, even if explicitly stated, are presented with intent to discuss the symbol and potential interpretations. Any trades shown or mentioned are examples and neither recommendations or mandates.
NASDAQ:PLABLong
by Kabeldon
Photronic Future Projection and DD over the coming ~3 monthsI project an increase in the stock price of NASDAQ:PLAB due to: Increase in revenue since the last quarter. Commitment to Chinese and Taiwanese production plants that have a solid backing of governmental support. New technologies within the industry combined with a solid demand that wont decrease and the mono-product nature of Photronic. Demand for smartphones and similar products have increased in the last quarter of 2020 and the first quarter of 2021. Internally the company believes that the industry-wide stocks is oversold, as told in their 'Photronics Q1 - FY21 Earnings' web-conference available on their website. The lack of supply of their product market-wide has made possible for the first time in 35 years an increase in main-stream pricing of their product, as shared in the same conference at the 40 minute mark. Available on the website is also two videos, hosted on YouTube, discussing two of their most recent production plants in China. But the low view-count (500) tells me they are videos made for investment meetings and similar meetings and therefore the company itself are making big steps to increase their production and gain governmental and private support. As far as indicators go: The MACD is below 0 and looks to move over the signal line and over the 0 line again. The Ichimoku cloud has a red cloud within the near future but I project that it will quickly close and return to a green cloud. The RSI is below the mid line and the current situation is reflected in past movements of the RSI. As far as fundamentals go: The support and resistance of the stock has had incremental increases since the start of the quarter. The revenue movement compared to last years Q1 is only -2%, which is a market situation that doesn't reflect most other industries as many are still recovering from the effects of Covid-19. As far as the only negative I can find in this DD is that the CEO of the company sold a fifth of his personal stocks for an undervalued price of around 11$ at the turn of the year. It could be personal reasons or a need for more capital in the company could have necessitated this sell of, but in any case its the only point I cannot fully explain or reason, but that may also be down to a lack of experience on my own part. If you have any thoughts on this please share. Personally, I have an alert set for the crossing of the Ichimoku Conversion line up and over the Ichimoku Base Line to indicate a value increase that could projectically rise and stay risen at least temporarily over the next month or two. Thank you, and please, if you have any other thoughts or counter-points make sure to share them so I may discuss this symbol with you.
NASDAQ:PLABLong
by Kabeldon
$PLAB Photronics Possible Long Into earnings reasonable P/E ratio 23 Average analysts price target $16.67 | BUY Company profile Photronics, Inc. engages in the manufacture of photomasks. It manufactures of semiconductors and flat panel displays, and are used as masters to transfer circuit patterns onto semiconductor wafers and flat panel substrates during the fabrication of integrated circuits, and a variety of flat panel displays, and to a lesser extent, other types of electrical and optical components. The company operates principally from nine manufacturing facilities; two of which are located in Europe, three in Taiwan, one in Korea, and three in the United States. Photronics was founded by Constantine S. Macricostas in 1969 and is headquartered in Brookfield, CT.
NASDAQ:PLABLong
by Bullishcharts
1
PLAB - MONTLHY CHARTHi, today we are going to talk about Photronics and its current landscape. The American semiconductor photomask manufacturer has been under a positive confluence of events as the company had reported better than expected sales results on its fourth quarter, Photronics also has issued EPS and sales guidance for the first quarter of 2020 above estimates, with a guidance range of $146 m to $154 m against the $143.1 estimated. Although the good scenario for the company it's valid to point here that the company EPS is 17% down for last year's report. Thank you for reading and leave your comments if you like. To have access to our exclusive contents, join the Traders Heaven today! Link Below. Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should be used or take it as financial advice.
NASDAQ:PLAB
by Igor-Silva