The analyst is comfortable long on SIVE, viewing it as undervalued compared to POET and expecting growth from NASDAQ listing and M&A expansion.
SIVE supplies lasers to major hyperscaler suppliers, has a NASDAQ listing planned, M&A goals for TAM expansion, is trading cheaper than POET despite bottlenecks in CW lasers, and recently secured oversubscribed funding for fabless laser ramp.
$SIVE is probably my favorite stocks right now, not concerned about short term drops. - You have the laser supplier to $GFS, $JBL, Ayar, $POET, and many other hyperscaler suppliers. - NASDAQ listing planned in the next few quarters - Followed by M&A goals for TAM expansion. And it's literally trading less than $POET for some reason. All while CW lasers are extremely bottlenecked to the point $LITE can't make enough. Then they got a considerable amount of oversubscribed funding for fabless laser ramp recently. Comfortable long for me, probably one of the stocks that way overshot selloff imo.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +3.2% | +3.5% |
| 1 week | -3.7% | -4.3% |
| 1 month | — | — |
| 3 months | — | — |
| 6 months | — | — |