NVMI has had a good run so far, but price starting to compress. Which way will it break. They provide metrology solutions for the semiconductor manufacturing industry so hopefully to the upside if everything doesn't get shut down again. Worth a watch.
Smart investor article.
Great news for investors – Nova Measuring Instruments is still trading at a fairly cheap price. In this instance, I’ve used the price-to-earnings (PE) ratio given that there is not enough information to reliably forecast the stock’s cash flows. I find that Nova Measuring Instruments’s ratio of 20.73x is below its peer average of 28.26x,...
Nova Measuring Instruments NVMI bounced off a low at S3 and has crossed the 20 day MA today. See further movement upward to at least R2 at 29.55 and possible R3 at 30.48. NVMI made money last quarter beating estimates by 12.33%. RSI is climbing and has a lot of running space to make an upward run.