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Indie Semiconductor: Not The Right Time To Cash Out
INDIindie Semiconductor(INDI) Seeking Alpha·2024-06-04 19:22

PM Images While indie Semiconductor, Inc. (NASDAQ:INDI) has gotten a boost off the lows from takeover speculation, the stock is still far below the SPAC price from years ago. The automotive semiconductor has a massive opportunity ahead for the cheap stock price and for the company to cash out now. My investment thesis remains ultraBullish on the stock with the opportunity ahead. Source: Finviz Market Headwinds indie Semi. reported a weak quarter at the start of May. The automotive market is facing some shor ...