UCTT is a broken stock - leave
UCTT just broke my heart.
The only reason that I have been holding on was that I saw an undervalued stock with growth potential undergoing growing pains from being small and vulnerable to some bigger expenses. A 15 P/E with a 40% growth upside.
Wrong.
They did the opposite of what I expected. I expected a short term miss followed by longer term growth. Instead they hit the quarter and missed the rest of the year.
I'm sorry, but that's the 3rd strike. They are a good company with good prospects (they build ISRG's robots, for example). I liked them for what I thought was a growing product mix.
I am not wrong, but the payout is further out than I like.
The only reason that I have been holding on was that I saw an undervalued stock with growth potential undergoing growing pains from being small and vulnerable to some bigger expenses. A 15 P/E with a 40% growth upside.
Wrong.
They did the opposite of what I expected. I expected a short term miss followed by longer term growth. Instead they hit the quarter and missed the rest of the year.
I'm sorry, but that's the 3rd strike. They are a good company with good prospects (they build ISRG's robots, for example). I liked them for what I thought was a growing product mix.
I am not wrong, but the payout is further out than I like.
posted by Andrew at
7:43 PM
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home