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Rap Sheet

Author:

breinejm

Subject:

Off Topic

Date:

10/05/18 at 10:38 AM CDT

 

 

READ: 3

RPLY: 1

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Sentiment:

Neutral

AQ - bought more

Bought another 1k of AQ to double my position. They are small and very dependant on largest customers, especially INTC, but over the last 8 months they also partnered with NVDA to move into autonomous automobile market. Their tech seems to be pretty good and their margins are pretty good. With revenues growing at 20-25% I think earnings are going to really grow over the next few years. As the 5g and automobile market expand, they are well positioned as a small company to experience rapid price growth. Potentially could be an acquisition target too. 

Sep quarter earnings in a few weeks will probably tell us a lot about how the story is continuining.

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