3 Top Marijuana Stocks That Could Take Off in 2024
The demand for cannabis is growing on a global scale. With legalization and decriminalization happening all around the world, many analysts and investors believe that marijuana will be a growing industry in the next decade. Get the latest report on 3 pot stocks set to take off in 2024!
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| Open | 38.75 | Prev Close | 39.4 |
| High | 40.13 | Low | 38.51 |
| Volume | 1,158,891 | Volume (Avg) | 2,181,999 |
| 52 Week High | 83.94 | 52 Week Low | 31.97 |
| Market Cap | 4.5B | PE Ratio | -2.29 |
General
| Name | Semtech Corporation |
| Ticker | SMTC |
| Exchange | NASDAQ |
| Sector | Technology |
| Industry | Semiconductors |
| Currency | USD |
| Country | USA |
| Fiscal Year End | January |
| Full Time Employees | 1,388 |
About Semtech Corporation
Semtech Corporation designs, develops, manufactures, and markets analog and mixed-signal semiconductor products and advanced algorithms. The company provides signal integrity products, including a portfolio of optical data communications and video transport products used in various enterprise computing, communications, and industrial applications; a portfolio of integrated circuits for data centers, enterprise networks, passive optical networks, wireless base station optical transceivers, and high-speed interface applications; and video products for broadcast applications, as well as video-over-IP technology for professional audio video applications. It also offers protection products, such as filter and termination devices that are integrated with the transient voltage suppressor devices, which protect electronic systems from voltage spikes; and wireless and sensing products comprising a portfolio of specialized radio frequency products used in various industrial, medical, and communications applications, as well as specialized sensing products used in industrial and consumer applications. In addition, the company provides power products consisting of switching voltage regulators, combination switching and linear regulators, smart regulators, isolated switches, and wireless charging that control, alter, regulate, and condition the power within electronic systems. It serves original equipment manufacturers and their suppliers in the enterprise computing, communications, and consumer and industrial end-markets. The company sells its products directly, as well as through independent sales representative firms and independent distributors in the United States, Europe, and Asia. Semtech Corporation was founded in 1960 and is headquartered in Camarillo, California.
Highlights
| Analyst Target | 77.17 |
| Market Cap | 4,477,427,200 |
| PE Ratio | -2.29 |
| PEG Ratio | 2.76 |
| EBITDA | 99,721,000 |
Valuation
| Trailing PE | 97.43 |
| Forward PE | 34.48 |
| Price/Sales (Trailing 12 Mt.) | 8.52 |
| Price/Book (Most Recent Quarter) | 7.02 |
Technicals
| Beta | 1.73 |
| 52 Week High | 83.94 |
| 52 Week Low | 31.97 |
| 50 Day Average | 73.20 |
| 200 Day Average | 66.33 |
Earnings
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