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Home › Veeco Industries: Ignore The Quarter, Embrace The Trend

 

Veeco Industries: Ignore The Quarter, Embrace The Trend

2015-09-01 21:37:09| Electronics - Topix.net

All told, the market leader facing a secular trend of massive growth is available for ~15x FY15 EPS ex-cash and ~10x FY16 EPS ex-cash; it's just too cheap. Up front, I'll say I do understand the logic behind the recent decline in shares of Veeco Industries : Nearly half of the company's first half revenue came from China, per the 10-Q , and given the tensions surrounding that market and that economy, that implies some caution.

Tags: industries quarter trend ignore

Category:Electronics and Electrical

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