SiTime (NASDAQ: SITM) stock is up over 75% from the lows, but is the stock a buy now? This unique small-cap stock is the heartbeat of electronics and could be the next 10x stock in your portfolio. In the video below, I provide an update on SiTime earnings, discuss valuation, and explain why it's a top stock in my portfolio.
On today's call from SiTime are Rajesh Vashist, chief executive officer; and Art Chadwick, chief financial officer. Before we begin, I would like to point out that during the course of this call, the company may make forward-looking statements regarding expected future results, including financial position, strategy and plans, future operations, the timing market, and other areas of discussion.
SiTime (SITM) delivered earnings and revenue surprises of 16.36% and 1.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?