Dolby Laboratories: Picture Improved, But Still A Bit Too Expensive

Recently, Dolby Laboratories, Inc. (NYSE: DLB ) reported its fourth quarter and full-year results for fiscal 2024. The stock, which was rather struggling in the last few years jumped more than 15% following the last results.My analysis is focused on high-quality companies, that can outperform the market over the long-run due to a competitive advantage (economic moat) and high levels of defensibility. Focused on European and North American companies, but without constraints regarding market capitalization (f ...