NVENASDAQ: NVEC

Discover why Zacks rates NVE Corp (NVEC) as "Neutral," being the first on Wall Street to initiate coverage on the stock. Explore how NVE Corp's growth prospects in the semiconductor industry remain promising, with strong dividend yield and solid cash position amid labor market challenges.

NVE Corporation's Q4 2024 Earnings Conference Call is scheduled for May 1, 2024 at 5:00 PM ET. Participants include Daniel Baker, President and CEO, and Daniel Nelson, Accounting Manager and CFO. Conference Call will be moderated by Jeffrey Bernstein from Silverberg Bernstein Capital Management. Thank you for joining the call.

NVE Corporation (NASDAQ:NVEC ) Q2 2024 Earnings Conference Call October 19, 2023 5:00 PM ET Company Participants Daniel Baker - CEO and President Daniel Nelson - Accounting Manager & Principal Financial Officer Conference Call Participants Jeffrey Bernstein - Silverberg Bernstein Capital Management Collin McBirney - Topline Capital Management Operator Hello, and welcome to NVE Corporation Conference Call on Second Quarter Results. At this time, all participants are in a listen-only mode.

NVE Corporation is a small semiconductor company with patented technologies for miniature-sized, low-energy, durable sensors and MRAM memory products. The company's stock quote has risen nicely over the last 14 months, but remains undervalued with strong profit margins and returns on capital. If the company continues to grow at its current rate, the stock price could potentially double to $150 a share in the next 12-18 months.

NVE Corporation is a solid investment in the spintronics market, with strong growth potential and a 91% YoY increase in revenue. NVEC has a stable balance sheet, with a negative net debt and a total liabilities/cash ratio of 1.3, allowing for potential debt to fuel research and development. Despite risks such as competition and supply-demand issues, NVEC's current valuation and strong growth make it a buy for investors seeking exposure to the rapidly growing market.