This stock was featured earlier this month with success!
Alpha and Omega Semiconductor Limited (AOSL) designs, develops, and supplies power semiconductor products for computing, consumer electronics, communication, and industrial applications in Hong Kong, China, South Korea, the United States, and internationally.
It offers power discrete products, including metal-oxide-semiconductor field-effect transistors (MOSFET), SRFETs, XSFET, electrostatic discharge, protected MOSFETs, high and mid-voltage MOSFETs, and insulated gate bipolar transistors for use in smart phone chargers, battery packs, notebooks, desktop and servers, data centers, base stations, graphics card, game boxes, TVs, AC adapters, power supplies, motor control, power tools, e-vehicles, white goods and industrial motor drives, UPS systems, solar inverters, and industrial welding.
The company also provides power ICs that deliver power, as well as control and regulate the power management variables, such as the flow of current and level of voltage. Its power ICs are used in flat panel displays, TVs, Notebooks, graphic cards, servers, DVD/Blu-Ray players, set-top boxes, and networking equipment.
In addition, the company offers aMOS5 MOSFET for quick charger, adapter, PC power, server, industrial power, telecom, and datacenter applications; and Transient Voltage Suppressors for laptops, televisions, and other electronic devices. Further, it provides EZBuck regulators; SOA MOSFET for hot swap applications; RigidCSP for battery management; and Type-C power delivery protection switches.
On February 7th, the Company reported 2nd Quarter December 2021 earnings of $1.06 per share on revenue of $193.3 million. The consensus earnings estimate was $1.04 per share on revenue of $188.0 million. Revenue grew 21.7% on a year-over-year basis.
The company said it expects third quarter revenue of $191.0 million to $197.0 million vs prior estimates of $184M.
Shares sold off yesterday, moving to the bottom of an upward trading channel. Bottom of the trading channel coincides with the stock's 50-day moving average. Higher share prices are expected.
Entry Point: $50.50
Trading Range: $23.66 to $64.00
Stop Loss: $48.20
Target Price: $55.50
AOSL closed at $45