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It’s the Right Time to Buy Call Options of Skyworks Stock -

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    • It’s the Right Time to Buy Call Options of Skyworks Stock
Aug, 20th 04:40

Skyworks stock delivered strong third-quarter results that exceeded its revenue and EPS guidance and beat EPS expectations.

It has high growth prospects; in response to the strong demand outlook, the company is investing in new capabilities and ramping capacity both internally and with its outside fab partners.

The average target price of the top analysts is at $122.70, up 43.2% from its August 18 close price, which might seem excessive, but it sounds reasonable, in my opinion.

The overall technical and fundamental analysis indicates that it’s the right time to buy call options of Skyworks stock. What do you think? Share your analysis about this stock in comments.

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