MACOM's Valuation Is Justified Given Its Top-Line Growth

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  Posted by Two Blokes Mon at 11:00 AM - Filed in Stock - 2 views
  
  I rate MACOM Technology a Buy with a $130 price target, driven by growth in 5G, AI, and data center markets. The company offers high-performance, low-power optical and RF solutions, with a strong presence in data center interconnect and photonics. MTSI's valuation is high, but justified by robust growth and a diversified product portfolio, with a forward P/E of 31x.