Visibility For Silicon Motion

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About: Silicon Motion Technology Corporation (SIMO)
by: Jenks Jumps
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Jenks Jumps
Growth at reasonable price, long-term horizon, value
Summary

When Silicon Motion reported preliminary results for the third quarter in early October, the visibility indicated full-year revenue guidance would be bolstered and the dividend bumped.

By the time the company reported actual results, both did occur. Visibility now indicates 2020 holds healthy growth potential.

Though the share price responded quite favorably to third-quarter results, the visibility indicates there's still time to invest.

When Silicon Motion Technology Corp. (SIMO) released preliminary third-quarter results on October 7th, I suspected the company would both bolster full-year revenue guidance and bump its dividend.

But I hoped the