Skyworks Solutions (NASDAQ:SWKS) is very well positioned to grow from 5G and other new technologies, but the market seems to be continuing to value it based on past performance rather than
Skyworks Solutions: 5G-Backed Growth With A Reasonable Valuation
Summary
- Skyworks has positioned its product portfolio quite well for secular growth trends of 5G and IoT.
- It had a blowout quarter and growth momentum should remain strong in the next quarters, but its valuation remains quite undemanding.
- Stocks with good growth prospects and a reasonable valuation are hard to find, making Skyworks quite attractive to long-term investors right now.
From my academic training, Mathematics, I intend to focus on the quantitative study, basing my analysis on historical data, bearing in mind my position of "Outsider". I invest with a long-term perspective in industries/themes that have secular growth prospects and should deliver strong returns in a time frame of 10-15 years. Currently, I'm invested in Digital Payments/Fintech, Semiconductors, 5G/IoT/Big Data, Electric Vehicles, and the Metaverse.
Analyst’s Disclosure:I am/we are long SWKS. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.