I am issuing a buy recommendation for Teradyne (NYSE: TER), a leader in electronic manufacturing equipment testing equipment. The stock is starting to accelerate to the upside on the bullish dynamic that is starting to spread in the semiconductor sector. The company recently beat its earnings expectations for the fifth quarter in a row, raised its dividend and updated its guidance for its upcoming quarter. Buy Teradyne up to $30.
I will have more in this Monday’s edition of Breakthrough Tech Weekly.
I have a position in Teradyne.