QLogic Corp (NASDAQ:QLGC)
CAPS Rating:
The Company is a supplier of storage networking solutions and network infrastructure solutions, which are sold primarily to original equipment manufacturers and distributors.
The Company is a supplier of storage networking solutions and network infrastructure solutions, which are sold primarily to original equipment manufacturers and distributors.
Recs
This is a great example of a company with strong fundamentals but no support from the investor community. Looks like the buyers are staying away until closer to expected pick-up in H2. I bought down here in trough and expect to stay here for a few quarters. significantly more upside vs downside from this price vantage