Darspal S Mann
Long/short equity, growth at reasonable price, special situations, deep value

Qorvo: With Less Apple, Life May Still Be Healthy

Qorvo Inc. (QRVO) stock is suffering along with the rest of the Apple (AAPL) supplier base. Besides the weaker than expected demand for iPhones, semiconductor names in the food chain are facing pressure due to the expected cyclical slowdown as well. Even though headwinds look strong right now, fundamentals suggest this might be a good time to take a closer look at the businesses that have already been punished, but may have positive catalysts on the horizon.

Source: Qorvo.com

The environment is definitely tough. Since the semiconductor sector has traditionally acted as a leading indicator, the stocks tend to react much harsher than what the fundamentals might project at that particular time. There is no shortage

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