Replies to post #121164 on Savvy Trades and Investments

[researcher59]

SMTC (39.85) - I don't follow the stock, but clearly that 8K with reduced FY26 guidance caused the selloff, despite $50M being just 6% of revenues. Maybe this news has broader implications on the rest of their product line ? In any case the stock did look overvalued, so a selloff was arguably justified. Maybe it will get a bounce in the coming days ?

Here's a recent bearish article on SA - it was a good call when the stock was at $76, but maybe not anymore !

https://seekingalpha.com/article/4750424-cant-defend-this-valuation-downgrading-semtech-to-a-sell