InterDigital Inc (IDCC)

[FISH21049]

A Trio of Stocks to Enhance the Quality of Your Portfolio

GuruFocus.comJanuary 17, 2020

InterDigital

InterDigital Inc (NASDAQ:IDCC) was the third company I found. Based in Wilmington, Delaware, the company is a designer and provider of technologies that enable and enhance wireless communications.

InterDigital has a current ratio of 3.0, which is higher than the industry median of 1.06.

InterDigital' trailing 12-month working capital was $845 million and its trailing 12-month long-term debt was $317.4 million as of the last full fiscal year ended on Dec. 30, 2018.

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GuruFocus assigned a positive rating of 5 out of 10 for the company's financial strength and a high rating of 8 out of 10 for its profitability.

Shares of InterDigital Inc were trading at a price of $59.59 per unit at close on Thursday for a market capitalization of $1.86 billion.

According to the Peter Lynch chart, the stock is not cheap.

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Wall Street issued a buy recommendation rating and an average target share price of $94.60.

Disclosure: I have no positions in any securities mentioned.