- The company is already experiencing considerable margin expansion and the recent divestiture and acquisition are likely to add to that, further moving to higher margin products.
- The result is a substantial jump in profits that isn’t likely to end today.
- While the pandemic has created temporary headwinds and tailwinds, longer term we think the company is very well positioned and the shares are cheap.
Source: Margin Expansion At Synaptics Isn’t Done (NASDAQ:SYNA) | Seeking Alpha