Semiconductor testing provider FormFactor, Inc. (NASDAQ:FORM) was trading at near $50.00 in 2007 but steadily declined to the $6.00 level in 2012 prior to staging a long-term rally that continues to be in place and pointing to higher prices.
FORM stock has been spectacular in its multi-year rally and it is delivering alpha to investors with a sizzling gain of 67% over the past year, including 40% this year.
Yet despite the move, my opinion is that FormFactor stock is in an extended rally that could see the price move much higher, which I will discuss later.
FormFactor is intriguing because it produces the.
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