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This stock is rallying despite missing earnings estimates, and we told you ahead

Published 02/27/2024, 08:00 AM
Updated 02/27/2024, 08:00 AM
© Reuters.

Lattice Semiconductor (NASDAQ:LSCC) has been rallying sharply this month, rising over 23% despite posting Q4 revenues that fell short of estimates and issuing a disappointing Q1 guidance.

This turn of events prompts a critical question: how could one have anticipated such a surge?

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Lattice Semiconductor has been an integral part of InvestingPro’s Tech Titans strategy, which encompasses a meticulously curated list of 15 companies at the forefront of technological innovation.

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In fact, InvestingPro users not only benefitted from LSCC's 23% rally this month but they also compounded fat gains on several other stocks, such as:

  • Allegro Microsystems (NASDAQ:ALGM)
  • Enphase Energy (NASDAQ:ENPH)
  • Meta Platforms (NASDAQ:META)

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Latest comments

And I am thinking that Investing pro is total garbage. so here
nothing to do with lettuce bouncing at a 5 year trend line right? or Meta being high beta big tech either right?
Earnings of all kopani
Lets go Brandon
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