Despite Competition, Revenue Growth Makes Amkor A Buy
- I believe that the company’s stock prices will continue rising in the future owing to a multitude of factors.
- Its immensely strong earnings growth of 260% over the previous year has allowed the company’s stock to surge by 97.88%.
- The company is expected to report sales ranging between $815 million and $865 million in the third quarter of 2014.
- Amkor Technology is a company operating in a highly competitive environment against giants like Altera Corporation. Owing to this, there are certain risks associated with its stock.