Nordic Semiconductor ASA
NOD: XOSL (NOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !M< | LOCK|%S#C | LOCK|><!?b! |
Nordic: Sales Growth Is Broadening but Shares Look Overvalued
Nordic Semiconductor continues making some progress to diversify away from its core Bluetooth business. Third-quarter results supported that, with sales of $235 million up 32%, and the top 10 customers contribution falling to 52% from 57% last quarter.
