#3 - Teradyne (NASDAQ:TER)
Moving away from traditional chip companies, it’s important to look at other areas of the supply chain. The first company to look at in that regard is Teradyne (NASDAQ:TER). The company plays a vital role in providing testing solutions for electronics, such as semiconductors. In fact, testing accounted for over 70% of the company’s fourth-quarter revenue.
As global demand for chips continues to stay high, it’s logical that Teradyne will generate significant revenue gains. This is on top of the recent year-over-year gains the company reported in its most recent earnings report. Teradyne came in with revenue that was 16% above the same period for the prior year and Non-GAAP EPS was also strong showing a 25% YOY gain.
For the full year, revenue grew 36% and EPS increased 65%. This growth is reflected in the company’s stock price which has posted a gain of over 100% in the last 12 months.
About Teradyne
Teradyne, Inc designs, develops, manufactures, and sells automated test systems and robotics products worldwide. It operates through four segments; Semiconductor Test, System Test, Robotics, and Wireless Test. The Semiconductor Test segment offers products and services for wafer level and device package testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
Read More - Current Price
- $140.94
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 7 Buy Ratings, 3 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $122.17 (13.3% Downside)
