SIMG just raised guidance for Q1 tonight. This one could gap up tomorrow but be careful chasing it. SIMG has traditionally been very volatile and while it can run up, it can also crater hard. I learned early on to trade this one and never, ever fall in love with it.
Your point is well taken ...Its royalty is nowhere near that of RMBS and they had some execution hiccups in the last 2 years. Nevertheless , I think it is in a technology sweet pot and will continue to beat earning estimates the next 5-6 quarters . Thus it should outperform the Nasdaq in the forseeable future,IMHO.