Report is out and it is a double beat, EPS beat estimates by +33% too.
The report wasn't perfect but with the top lines beating, this was likely factored in and the price is only modestly down -2% in the PM now....whereas it was -6% in HK yesterday, from apparent speculation that their CEO was not invited to a conference attended by XI and MA.
What I would like to see today is a retest of the wedge breakout level at $93.50, a hold here and I will add again
Regardless of its reports, this company is severely undervalued and the report only confirms this further.
Scott Glover
2025-02-18 16:48:43 +0000 UTCGareth Neary
2025-02-18 13:29:00 +0000 UTCLuc
2025-02-18 12:55:20 +0000 UTCScott Glover
2025-02-18 12:29:16 +0000 UTC