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Stock impact report

3 Profitable Stocks with Questionable Fundamentals [Yahoo! Finance]

Qorvo, Inc. (QRVO) 
Last qorvo, inc. earnings: 1/29 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.qorvo.com/investor-relations
Company Research Source: Yahoo! Finance
Profits are valuable, but they're not everything. At StockStory, we help you identify the companies that have real staying power. That said, here are three profitable companies to steer clear of and a few better alternatives. Qorvo (QRVO) Trailing 12-Month GAAP Operating Margin: 10.9% Formed by the merger of TriQuint and RF Micro Devices, Qorvo (NASDAQ: QRVO) is a designer and manufacturer of RF chips used in almost all smartphones globally, along with a variety of chips used in networking equipment and infrastructure. Why Do We Avoid QRVO? Products and services are facing end-market challenges during this cycle, as seen in its flat sales over the last five years Sales are projected to tank by 10% over the next 12 months as demand evaporates Sales over the last five years were less profitable as its earnings per share fell by 4.7% annually while its revenue was flat Qorvo's stock price of $80.65 implies a valuation ratio of 13x forward P/E. Check out our free in-depth Show less Read more
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