Teradyne: Two AI Growth Drivers, In Robotics And Test Equipment (Rating Upgrade)

l F F I I imaginima Data by YCharts I last covered Teradyne (NASDAQ:TER) in January 2023 when it was trading at around $93 emphasizing its profitability but had a hold position because of the competition and supply chain bottlenecks. As seen by the price action below, this supplier of test equipment and industrial automation went through several ups and downs and even dipped to around$83 in October this year. It eventually recovered showing my cautious approach was not justified in the longer term. With th ...