|Day Low/High||22.84 / 23.59|
|52 Wk Low/High||12.99 / 31.50|
Since the last update, both portfolios are up about 9%, keeping the performance gap at about 1700 bps.
While Fitbit is still the best performer, other names are beginning to carry their weight.
While this experiment is still inconclusive, it's still nice to see both groups of triple nets outperforming.
For now, chip equipment makers are still mostly seeing strong orders. But COVID-19 lockdowns and softer chip demand are potential headwinds.
TSMC issued a strong Q1 sales outlook amid heavy demand for its most advanced manufacturing processes. And it shared a capex budget that has given a boost to chip equipment stocks.
One thing is certain: Triple-nets are not a common investment hunting ground, but some may be the recipe for the next ETF.
Though investors are choosing to take profits after a big run-up, Micron isn't talking or acting like a company expecting the good times to end soon.
As the flash memory industry begins to see signs of price pressure, boom times continue for the DRAM industry.
Adesto, Axcelis and InnerWorkings all have promising charts.
Thanks to several trends, business is booming for equipment makers. But a lot has been priced in and some potential headwinds exist.
I suspect $19 will only be a stopping point to much higher prices.
After selling half my position in Applied Materials, is it time to sell the rest?
Aviat, Capstone and Axcelis are high-reward/high-risk plays for under $2.50.