Photronics, Inc. Aktie News

Photronics Inc. (NASDAQ:PLAB ) Q2 2024 Earnings Conference Call May 22, 2024 8:30 AM ET Company Participants Frank Lee - Chief Executive Officer Eric Rivera - interim Chief Financial Officer, Chief Accounting Officer Chris Progler - Chief Technology Officer Richelle Burr - Executive Vice President, Chief Administrative Officer Conference Call Participants Linda Umwali - DA Davidson Eric Reckwoo...

BROOKFIELD, Conn., May 22, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its second quarter of fiscal year 2024 ended April 28, 2024.

Finding game-changing stocks in today's relatively overvalued and volatile market isn't as straightforward as it was when initial rate cuts drove top stocks to rock bottom prices. While many quickly point to tech stocks as the main wealth-unlocking stocks in today's economy, forward-thinking investors recognize the importance of diversifying across industries, geographic locations, size, scale,...

BROOKFIELD, Conn., May 08, 2024 (GLOBE NEWSWIRE) -- Photronics, Inc. (Nasdaq:PLAB), a worldwide leader in photomask technologies and solutions, is scheduled to announce financial results for the second quarter of fiscal 2024 on Wednesday, May 22, 2024, before the market opens.

Photronics specializes in producing photomasks for the semiconductor and flat panel display manufacturing processes. The company saw slight sales growth year-over-year, but a dip in mainstream demand affected overall revenue. PLAB has solid operating performance, a positive cash flow, and reasonable valuation, making it a compelling buy.

“Undervalued stocks” is a relative term — for some, it may mean a tech stock in a temporary dip; for others, it means deep value stock analysis involving obscure and esoteric multiples and calculations. These companies blend the best of undervalued stock objectives.

As we near the second half of 2024, the correction phase points to a powerful upside potential in underrated tech stocks. Last year witnessed an extraordinary boom in technology stocks, soaring to uncharted heights.

Finding stocks to buy in today's relatively overvalued and volatile market isn't as easy as it was when initial rate cuts dropped top stocks to bottom-barrel pricing. While many quickly point to tech stocks as the main wealth drivers in today's economy, forward-thinking investors know to seek diversification across industries, geographic locations, size, scale, and more.