Why Silicon Motion (SIMO) Seems a Solid Investment Pick Now
Silicon Motion(SIMO) zacks.com·2024-05-27 13:01Shares 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.Image Source: Zacks Investment ResearchGrowth DriversSilicon Motion has restru ...