Seeking Alpha's latest stock picks for July are here, almost forgot to post: $ICHR


Let me briefly summarize the buying reasons
Ichor Holdings is the core upstream supplier of fluid delivery for semiconductor equipment, bound to AMAT, LRCX, ASML. Products are hard to replace, customer switching costs are extremely high.
AI expansion drives sequential revenue growth. Low-cost factories built in Mexico and Malaysia. Self-developed components share continues to rise, gross margin improves quarter by quarter.
90-day analyst earnings forecasts all revised upwards. Forward PEG is 16% lower than industry average, valuation still at a discount.
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