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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Harshu Vyas who wrote (74071)	10/27/2023 1:05:44 PM
From: Elroy	Read Replies (1) \| Respond to of 78516

I don't think you can get tech at value prices UNLESS the company has lost market position. Of course you can. I gave you two examples, SIMO and GRVY. Both are tech companies which do very well, and historically have had very low valuations. SIMO gets the low valuation because it is focused on mature spaces (PC and cell phones). But....it dominates it's space (flash controllers) and flash controllers are necessary in PCs and cell phones. So it's not going away, and it's historically very cheap. That's a blue chip tech company with a very low valuation. When you mention the concern about SIMO, I guess you mean China messing up everything in Taiwan. If you are concerned about that, you probably shouldn't be invested in any tech device company, because TSMC is in Taiwan, and they're a hell of a lot more important than little SIMO. As for GRVY, you're looking at charts? You're asking for events which explain trading? Nope, GRVY defies that analysis. The stock price MAKE NO SENSE, end of story, so what are you trying to figure out? It's irrationally cheap, so ..... that's all there is to it unless someone can explain.

To: Harshu Vyas who wrote (74071)	10/27/2023 1:18:39 PM
From: Sean Collett	1 Recommendation Recommended By Spekulatius Read Replies (1) \| Respond to of 78516

<< But that's exactly my point - I don't think you can get tech at value prices UNLESS the company has lost market position.>> META had a 52-week low at $88.09 and is now trading at $296.74. Did META lose market position? I do not think so - at least not yet. And what are value prices? Many claimed Buffett "overpaid" for a few companies during his time but to him they were undervalued even at the higher prices. How then do you define the middle? What if your perceived middle is really a bottom? I suppose this is where your mindset should be "am I trading a stock or buying part of a company?" I think you can look at tech like any other company today; understand what they make and then look for opportunities where there is some perceived undervaluation. Did the company get involved in a lawsuit? Some big data fine? Tax issues? Data breach? Any of these can create decline in share price giving a value investor opportunity - no different than any other value stock IMO. -Sean