Synaptics Should Recover

  • The shares have gone sideways on stagnation in the smartphone market, shortage of supplies for their TDDI solutions and some disappointments with their fingerprint solutions.
  • However, smartphones look to resume growth and the company is cutting some dry wood in their fingerprint reader business.
  • Higher-margin IoT business keeps on growing nicely, so we see a gradual recovery in the share price.

Source: Synaptics Should Recover – Synaptics Incorporated (NASDAQ:SYNA) | Seeking Alpha