(04-14-2016, 03:01 PM)Roadmap2Retire Wrote: Yes. I concur. Its not trading cheaply -- the valuation is quite steep.
I am trying to decided if I want to initiate a position in the company if the valuation is right. Put it on a "Pick up during next recession" list perhaps. They are targeting the right aspects and all the hot sectors in the tech world.
Understand, I like doing that as well, always nice having different watch lists to choose from.
AVGO, NXPI and SWKS are a couple others in that sector. Long NXPI here.