RE:Hodson on BNNHodson is ridiculous. You would think a seasoned investor like himself would understand that a stock with no momentum and negative fundamentals would fall.
Like him, I didn't know semiconductor stocks were so cyclical until everyone started talking about it in the last 2 months.
I wouldn't touch PHO with a proverbial 10ft pole right now. It made only 2 cents last quarter so it trading at a 15 p/e, which is very high for semiconductor stocks.
A much better buy is Micron (MU) which has positive fundamentals (currently) and is trading at a p/e of only 3-4. Also a market cap of $45 billion unlike PHO's $114 million.