Long Position on ENTG @ $105.25 on 2/22/2021 (Fundamentals)

Entegris, Inc. (ENTG) develops, manufactures, and supplies microcontamination control products, specialty chemicals, and advanced materials handling solutions for manufacturing processes in the semiconductor and other high-technology industries in North America, Taiwan, South Korea, Japan, China, Europe, and Southeast Asia.

Trendline Support on $ ENTGIt operates through three segments: Specialty Chemicals and Engineered Materials (SCEM); Microcontamination Control (MC); and Advanced Materials Handling (AMH).

The SCEM segment offers high-performance and high-purity process chemistries, gases, and materials, as well as delivery systems to support semiconductor and other advanced manufacturing processes. The MC segment provides solutions to filter and purify critical liquid chemistries and gases used in semiconductor manufacturing processes and other high-technology industries.

The AMH segment develops solutions to monitor, protect, transport, and deliver critical liquid chemistries, wafers, and other substrates for application in the semiconductor and other high-technology industries.

The company's customers include semiconductor device manufacturers, semiconductor equipment makers, gas and chemical manufacturing companies, and wafer grower companies; and flat panel display equipment makers, panel manufacturers, and manufacturers of hard disk drive components and devices and their related ecosystems.

It also serves manufacturers and suppliers in the solar and life science industries, electrical discharge machining customers, glass and glass container manufacturers, aerospace manufacturers, and manufacturers of biomedical implantation devices.

Entry point: $105.25

52-week trade range: $38.12 - $114.00

Stop/Loss: $100.00

Target Price: $115.75

 

Updates

4/1/2021 3:16:58 PM

ENTG closed at $119.40

Position closed on 4/1/2021 at price of $119.40 with a 13.44% gain in 38 days.

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