sgh
SGH (NASDAQ: SGH) shares hit bottom late last year, and this is a chance it will reverse course and begin to rally again. The question is when the rally will happen; the answer may be later this year. The Q2 results were mixed but prove the company’s resilience in uncertain operating conditions. While 2 segments were weak, the 3rd, the company’s growth driver, outperformed expectations and offset the weakness to a degree. The takeaway is that SGH is in a good position relative to its market, its diversified portfolio will help sustain it while the microchip, manufacturing and economy at large ...
ValueWalk
Daktronics stock fell nearly 40% in one day.The company gave cause to doubt its ability to continue operations.Trading at a 20+ year low there may be an opportunity for investors in the making.Shares of the scoreboard and LED display maker Daktronics (NASDAQ:DAKT) fell 40% in a single session and they may fall further. The reason is that the company filed a document with the SEC that raises serious questions about the business’s status as a “going concern”. Q3 2022 hedge fund letters, conferences and more A going concern is a business that has the resources to continue operating in a manner th...
ValueWalk
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