Lattice Semiconductor Corporation
Section 1: Company Fundamentals
1.1 Company Overview and Performance summary
Company Overview:
Lattice Semiconductor Corporation (NASDAQ: LSCC) is a low-power programmable solution provider that develops technologies and monetizes through differentiated programmable logic semiconductor products, system solutions, design services and licenses. The Company is focused on solving customer problems across the network, from the Edge to the Cloud, in the communications, computing, industrial, automotive and consumer markets.
This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.
Price Performance:
- LSCC's share price has corrected by 32.19% in the past three months. However, in the long term, the stock has corrected by 54.70% over the past year.
- The stock is currently trading near to the lower end of its 52-week range of USD 43 and 52-week low price of USD 41.65, with the expectations of an upside movement from the current support levels of USD 40-USD 42.
- The price is currently below its short-term (50-day) SMA and long-term (200-day) SMA, with the current upward trending RSI of around 37.27.
1.2 Summary Table
1.3 The Key Positives & Negatives
1.4 Key Metrics
In Q1FY24, LSCC outperformed industry medians across key financial metrics. Specifically, LSCC reported higher gross margin (68.3% vs. industry median of 53.50%), EBITDA margin (19.5% vs. industry median of 18%), operating margin (11.8% vs. industry median of 10.00%), pretax margin (12.7% vs. industry median of 10.20%), and net margin (10.5% vs. industry median of 8.3%). Additionally, LSCC demonstrated a superior return on equity (ROE) at 2.20%, surpassing the industry median of 1.80%. These results underscore LSCC's strong financial performance relative to industry benchmarks during the first quarter of fiscal year 2024.
Section 2: Lattice Semiconductor Corporation (NASDAQ: LSCC) (“Buy” at the closing market price of USD 43.32, as of September 04, 2024)
2.1 Company Details
2.2 Technical Guidance and Stock Recommendation
Alphabet Inc (NASDAQ: GOOGL)
Section 1: Company Fundamentals
1.1 Company Overview and Performance summary
Company Overview:
Alphabet Inc. (NASDAQ: GOOGL) is a holding company. The Company's segments include Google Services, Google Cloud, and Other Bets. The Google Services segment includes products and services such as ads, Android, Chrome, devices, Google Maps, Google Play, Search, and YouTube.
This Global AI and Emerging Market Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.
Price Performance:
- GOOGL's share price has corrected by 11.47% in the past three months. However, in the long term, the stock has corrected by 16.35% over the past year.
- The stock is currently trading near to the middle of its 52-week range of USD 75 and 52-week low price of USD 120.21, with the expectations of an upside movement from the current support levels of USD 150-USD 160.
- The price is currently between its short-term (50-day) SMA and long-term (200-day) SMA, with the current upward trending RSI of around 34.09.
1.2 Summary Table
1.3 The Key Positives & Negatives
Section 2: Alphabet Inc (NASDAQ: GOOGL) (“Buy” at the closing market price of USD 156.45, as of September 04, 2024)
2.1 Company Details
2.2 Technical Guidance and Stock Recommendation
Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is September 04, 2024. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Note 4: The report publishing date is as per the Pacific Time Zone.
Technical Indicators Defined: -
Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.
Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.
Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.
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