Entropic Communications (ENTR) is a beaten down semiconductor company whose solutions primarily target the connected home. Following what was a rather disappointing quarter, marred by product ramp push-outs as well as market share loss in what is currently a fairly subdued operating environment, the shares have dropped considerably and trade just a hair above 52-week lows. However, it is my view that investors with 12-18 month time horizons could be looking at a double as secular headwinds subside, and as the company rolls out more competitive products and reverses what has been a market-share loss story.
Understanding Entropic's Product Offerings
Before continuing on any further, it is important to understand Entropic's various product segments. These are...
Only subscribers can access this article, which is part of the PRO research library covering 3,559 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: