Is Chip Design Specialist Synopsys A Gem Hiding In Plain Sight?

Chip software maker Synopsys has been forming a potentially constructive consolidation since its first-quarter earnings report on February 15.On February 23, Synopsys initiated an accelerated $300 million share buyback program, to be completed before May 12.Analysts have a “moderate buy” rating on the stock.Wall Street expects double-digit earnings growth in 2023 and 2024.5 stocks we like better than SynopsysShares of chip design software maker Synopsys Inc. (NASDAQ:SNPS) have been forming a potentially constructive consolidation since its first-quarter earnings report on February 15. Q4 2022 …

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