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Impinj (NASDAQ:PI), the leading maker of RFID products and solutions, has demonstrated some strong performance in the markets this year, with the stock rising ~64% as compared to the broader markets, as illustrated in Exhibit A below.
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PI over the next 72 hours. 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.
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