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I've been checking the semi conductor space. What semi companies aren't overvalued with a decent P/E ratio right now? Was thinking to just take an ETF like SMH[
by burgerquizz 6y ago
I've been checking the semi conductor space. What semi companies aren't overvalued with a decent P/E ratio right now? Was thinking to just take an ETF like SMH[1], but wondering if there were a better choice. TSMC, Applied Materials, ASML, Nvidia, etc... had crazy run and I'm wondering if they can keep growing that much in the next years.
[1] https://www.vaneck.com/etf/equity/smh/holdings/ https://www.vaneck.com/etf/equity/smh/holdings/
- selectodude 6y agoIntel is still rather undervalued. PE of 11, huge amounts of cashflow, one big chip win and they're back.
- mirekrusin 6y agoIntel just lost all engines in-flight. They're still flying, yes, but gravity will do its thing.
- riking 6y agoYeah, Intel needs some major direction changes before I'll be comfortable investing in them.
- jacquesm 6y agoThe proximity of 'lost all engines in flight' and 'major direction changes' in this thread suggests that even if those major direction changes materialize it may not be good news.
- mahkeiro 6y agoWe keep reading this but Intel is not just CPUs... and the CPU are currentky not the best but not that bad either.
- selectodude 6y agoIntel is still capacity constrained, no less. I'm not saying they make the best CPUs, my last purchase was an AMD Ryzen, but this idea that their demand will fall of the face of the earth assumes that other fabs have the capacity to pick up the slack which is verifiably untrue. Merely due to their existance they'll have time to turn it around. Disclamer: long intel, a few thousand shares at $47. not enough to need to pump the stock.
- IshKebab 6y agoP/E isn't everything. People know those earnings are going to tank very soon.
- ineedasername 6y agoIn this case the markets seem to have priced in a low probability of Intel getting that big win.