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Happy Holidays fellow autists, long time lurker first time poster. Over the past week I have become unhealthily obsessed with the semiconductor industry, and have read more about this semi-obscure company than probably anyone in the Metro Los Angeles area which puts me high on the list of biggest dumbasses in the world.
From their website, we learn a bit more about this player in the semiconductor industry: Kulicke & Soffa (NASDAQ: KLIC) is a leading provider of semiconductor and electronic assembly solutions serving the global automotive, consumer, communications, computing and industrial markets. Founded in 1951, K&S prides itself on establishing foundations for technological advancement - creating pioneering interconnect solutions that enable performance improvements, power efficiency, form-factor reductions and assembly excellence of current and next-generation semiconductor devices.
Leveraging decades of development proficiency and extensive process technology expertise, Kulicke & Soffa's expanding portfolio provides equipment solutions, aftermarket products and services supporting a comprehensive set of interconnect technologies including wire bonding, advanced packaging, lithography, and electronics assembly. Dedicated to empowering technological discovery, always, K&S collaborates with customers and technology partners to push the boundaries of possibility, enabling a smarter future.
How does this affect me, you say? With the current proliferation of ever more complex electronics, the demand for machinery in this sphere has been exceptionally strong over the last year and projects to remain strong moving into 2022. The company is also ramping up production in new investments on advanced LED and mini/micro LED displays, automotive chip packaging, as well as memory solutions.
Here's the good part: this stock currently trades at a P/E of 9.7. Even better, the company has no debt, and offers a cute 1.19% dividend. They are actively buying back shares and have $739 Milllion in cash on hand to continue buybacks or make a key acquisition.
I am in for 71 shares, a cool 53% of my portfolio. While I don't understand options well enough to buy one yet I plan on buying up to and beyond 100 shares so I can recklessly bet my meager savings away in this manner. I may be a simple country retard, but I see value and a good metaverse/chip shortage/next gen LED play with tons of room to grow - do your own DD please and feel free to let me know why I am wrong here.
In conclusion, KLIC 🚀🚀🚀 and thank you for coming to my TED talk.