Stifel said in its upgrade of the designer and manufacturer of semiconductor processing equipment that"We believe the recent weakness in the group has brought shares to more attractive valuations, which support our more favorable rating. Fundamentally, while we still have concerns on near-term memory capex plans, we are incrementally more positive on 2021 wafer fab equipment spending and believe it will be up from 2020 levels.
"Dunkin"Our thesis is predicated on a 1.) low ticket, high frequency offering, 2.) franchise business model that has transferred operating risk and maintains a healthy partnership with franchise operators, 3.) exposure to suburban markets, an East Coast re-opening, and less reliance on urban/central business district sales, and 4.) an experience that is not replicable at home.
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