Company: CyberOptics Corporation
Ticker: NASDAQ:CYBE
Market Cap: $296M
Price per share (8/4/22): $40.50
CyberOptics (NASDAQ:CYBE) is an excellent picks and shovels play on the continued growth of the semiconductor industry. The chip shortage that is still ongoing shed a light on major supply chain issues and accelerated developments like the passing of the US CHIPS Act, which includes $52 billion in subsidies to encourage chip manufacturers to build out semiconductor fabrication plants in the US. A major catalyst for the stock price could be Mr Market waking up to the Apple mini-LED connection. The important point to keep in mind is that there is additional growth coming later 2022/early 2023 that Mr market is not expecting.
Other catalysts are earnings growth, multiple expansion and big order announcements for WaferSense.
To sum up,
- Hidden champion in sensor & inspection technology
- Picks and shovels play on the semiconductor industry
- Own near 100% market share of wireless real time wafer sensors
- CHIPS Act and EU chip act beneficiary
- Apple mini-LED revenue expected in Q4 2022
- Chart points at breakout above 22 year high
- Growing faster than its industry
- Attractive valuation
- FWD EPS Diluted Growth + 46.88 %
- Multi bagger potential
I hold CyberOptics as part of my private portfolio. Please find my complete write up here (no paywall):
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