Teradyne Is A Solid Buy

  • Its bread and butter testing business is a secular growth story and should recover in H2 and beyond from weakness in the mobile sector.
  • But this sector generates lots of cash flow which management has used to buy into the hyper-growth of industrial automation, and that is paying off.
  • The company even has plenty of cash left to pay dividends and reduce the share count quite substantially.

Source: Teradyne Is A Solid Buy – Teradyne Inc. (NYSE:TER) | Seeking Alpha