Alchip Technologies (3661) Reports Stellar Earnings with November Sales Hitting NT$2.91B, a 65% Increase

Alchip Technologies on Smartkarma

Research reports from Smartkarma, an independent investment research network, provide insight into Alchip Technologies. Analyst Brian Freitas recently published a report suggesting that Alchip Technologies (3661 TT) could replace Feng Tay Enterprise (9910 TT) in the Yuanta/P-Shares Taiwan Top 50 ETF at the December rebalance. He notes that shorts have increased on both stocks and that other global passive trackers will buy Alchip at the end of November, reducing the real float of the stock. Clarence Chu‘s report found that Alchip Technologies is looking to raise around US$375m in its upcoming global deposit receipts (GDRs) offering. Janaghan Jeyakumar, CFA‘s research concluded that out of the top 10 T100 Potential DELETEs, there are five TDIV members and it will be worth tracking their rankings over the next 2 months.

The reports from Smartkarma’s analysts suggest a bullish sentiment towards Alchip Technologies. Brian Freitas‘ report suggests that Alchip Technologies could be included in the ETF at the December rebalance. Clarence Chu‘s report found that the company is looking to raise US$375m in its GDR offering. Janaghan Jeyakumar, CFA‘s research concluded that out of the top 10 T100 Potential DELETEs, there are five TDIV members, suggesting an opportunity for Alchip Technologies.

A look at Alchip Technologies Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Alchip Technologies Ltd. is a company that provides silicon design and manufacturing services for a range of products including consumer electronics, optical networking, and medical imaging equipment. It recently underwent a Smartkarma Smart Scores evaluation, which revealed an overall outlook of five out of five. This score indicates that Alchip Technologies is well-positioned for long-term growth, resilience, and momentum.

The Smartkarma Smart Scores evaluation also revealed that Alchip Technologies has a score of two out of five for value, and one out of five for dividend. These scores show that the company is not currently offering as much value to its shareholders as other companies in the market. However, its high scores for growth, resilience, and momentum suggest that the company is well-equipped to deliver long-term returns for its shareholders.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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