Synopsys Alleviates Investor Concerns with Record Revenue
In the quality check, there are 15 out of 15 possible points
The long-term stock has gained 24.8% p.a. over the last 10 years
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Synopsys (SNPS) has a P/S ratio of 12.8, which is not cheap, but it is a key player in the semiconductor value chain. The CEO sees the company as a "leading provider of engineering solutions from silicon to systems." Furthermore, there are challenges as customers in China are looking for local alternatives due to export restrictions, and the weakening IP business is likely to see a transition year with weaker foundry activities. However, I see three concrete reasons for a buying opportunity: Synopsys.ai has nearly 5,000 active users. The $2 billion...
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