Hello
I am nonetheless new to single shares and have to get my head round basic evaluation. However I am fairly intrigued by the Norwegian Firm “Nordic Semiconductor” as a long-term funding. The corporate is just about specializing in semiconductors for the wi-fi (IoT) area (ARM primarily based microcontrollers with inbuilt gimmicks like NFC, Bluetooth LE, Bluetooth LE Audio and many others.).
From what I can see, it is fabless (and have not heard that it is gonna change), which is not too good. However plainly their merchandise aren’t too costly in comparison with rivals that supply the wi-fi vary of their portfolio.
I discover it tough to run the monetary numbers for this firm since I can solely discover financials from the previous 3 years, which can current a blurry image as a result of total chip disaster. So it’s a little bit of a bet right here.
Remember that the present inventory value of 140.12 is in NOK (Norwegian crown), so it trades at approx. 12,50USD if I am not unsuitable.
https://finance.yahoo.com/quote/NOD.OL/financials?p=NOD.OL
What are your ideas?
Thanks and cheers,
