04-14-2016, 11:34 AM
(04-14-2016, 11:12 AM)crimsonghost747 Wrote: The company is interesting but high P/E and close to all time highs... I'm not too interested in buying at the current price. If it falls to more acceptable levels then I'll take a closer look.
I agree, it seems to be trading at a pretty rich valuation for a semi company. The BB+ credit rating and somewhat cyclical earnings history would give me some pause as well, especially when going back to its rich PE multiple.