Everything looks sound for Dolby. Good earnings, growth and number 1 in their business. It's a cash cow. That said, why is it all ways on the down side? From last earnings and a good future forecast this baby should be at least 40 bucks if not more. Any opinions?
I think the stock just simply isn't on the radar yet for most. Give it time, eventually it will break out. But the harder question to answer is when? I don't hold a position yet, but have wanted to get in for the past 2-3 months or so. My money instead went into some more well known high tech that is doing quite well. When everyone wants a piece of DLB, is when the stock will move. But I think at the present time, it is still somewhat of an unknown.