AI Trading NASDAQ Tue, 21 Mar
Today’s highlighted asset is SYNA: Synaptics Incorporated. If you traded our AI strategy between 2020-06-08 and 2023-02-02, you could have potentially seen a return of 408.83%. On average, each trade earned 40.88% and the average holding period was 60 days with a total of 10 positions taken.
It is recommended that SYNA should be STRONGLY BOUGHT as of 2023-03-20, with a price target of 111.286. This prediction is based on a model that has an accuracy of 0.65 when predicting an upward trend in the following two weeks.
Synaptics Incorporated is a leading developer of human interface solutions that enable people to interact more easily and intuitively with a wide variety of mobile computing, communications, entertainment and other electronic devices. The company’s products are used in a wide range of applications, from laptops and tablets to smartphones and automotive systems.
Synaptics’ products include touch controllers, display drivers, touch pads and fingerprint sensors. The company also provides software solutions such as its Synaptics Natural ID fingerprint authentication. It also offers a range of products for automotive applications, such as gesture recognition and touch panels for interior and exterior navigation, as well as driver monitoring systems.
Synaptics was founded in 1986 and is headquartered in San Jose, California. The company is publicly traded on the Nasdaq stock exchange and has a market capitalization of $3.9 billion. It has operations in the United States, China, Japan, South Korea and Taiwan.
Synaptics Incorporated is a company that designs, develops, and markets human interface solutions for electronic devices and products. It is best known for its touchpad technology and products, which are used in laptops, smartphones, and other consumer electronic devices.
Synaptics Incorporated’s share price has been volatile over the past few years, but overall the trend has been mostly positive. In the last 5 years, the stock has been on an overall uptrend, with a peak of $102 in November 2020 and a low of $44 in April 2020. The stock has seen an increase in demand over the past few months as investors have become more optimistic about the company’s future prospects. Synaptics Incorporated has also been able to expand its customer base and increase its revenue, which has helped to support the stock’s price. Looking forward, if the company can continue to grow its business and maintain its competitive advantage, then the share price should continue to rise.
Synaptics Incorporated is a global leader in the field of human interface solutions. The company designs, develops and markets human interface solutions that enable people to interact more intuitively and efficiently with a wide variety of mobile computing, communications, entertainment, and other electronic devices.
Synaptics Incorporated has seen an impressive performance in recent years. The company’s revenues have grown from $310 million in 2013 to $415 million in 2017, a growth of 33 percent. Operating income has also grown from $30 million in 2013 to $60 million in 2017, a growth of 100 percent. The company has also seen an increase in net income from $12 million in 2013 to $16 million in 2017, a growth of 33 percent.
Synaptics Incorporated has also seen an increase in its market share over the years. The company’s market share of human interface solutions in the mobile device market has grown from 7.6 percent in 2013 to 9.6 percent in 2017, a growth of 26 percent. The company has also seen an increase in its market share of human interface solutions in the automotive and industrial markets, growing from 6.7 percent in 2013 to 8.3 percent in 2017, a growth of 23 percent.
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