Why Silicon Motion (SIMO) Seems a Solid Investment Pick Now

Published on 27 May 2024 on Zacks via Yahoo Finance

Why Silicon Motion (SIMO) Seems a Solid Investment Pick Now

Shares of Silicon Motion Technology Corporation SIMO have risen 32.9% over the past six months, driven by healthy revenues on the back of a flexible business model and a quick time-to-market schedule to meet clients’ evolving needs.With healthy fundamentals, this Zacks Rank #1 (Strong Buy) semiconductor firm appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Why Silicon Motion (SIMO) Seems a Solid Investment Pick Now

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