Engaging in the Megatrends of Data Centers, Humanoids, and Space! Is It Time to Invest?
I expect STMicro to experience another upward movement in stock price.
Addressing megatrends such as data centers, space, and humanoids coincides with a moderate valuation of a P/E ratio of 17.7 and a price-to-sales ratio of 2.
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I trust STMicro's stock to further establish an upward trend. With a P/E ratio of only 17.7 and a price-to-sales ratio of 2, the valuation is moderate. Addressing three future megatrends offers surprise potential and thus the chance for further price increases due to the current valuation. 1. Space: STMicro is a supplier for SpaceX. Especially important are the BiCMOS-based radio front-end modules that are installed in the Starlink user terminals, enabling high data rates under extreme environmental conditions. This is a must for broadband satellite...
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