TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, like Tesla & CrowdStrike
Death Toll Rises After Missiles Hit Ukrainian Military Base; NATO Warns Russia Could Use Chemical Weapons
The analyst noted that the chip producer has a “solid history of execution” and has expanded “its product portfolio targeting high margin, high growth cloud/5G/automotive infrastructure markets.” He contends that the company could capture some of the highest revenue growth rates among its well-established peers.Out of almost 8,000 analysts on TipRanks, he ranks as No. 3. Bolton has been correct when picking stocks 73% of the time and has returned an average of 74.7% on his ratings.
The company has managed to penetrate a highly fragmented market, and it exists in one of the most rapidly growing labor sectors domestically.The analyst added that the firm’s international outreach has been successful. He also mentioned thatlifestyle products, those beyond its core scrub offerings, expanded to represent 17% of quarterly revenues. This is particularly significant for the company’s outlook as it indicates a brand awareness as typical apparel, and not just for work.
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