In recent months, Intel and Apple have issued profit warnings, sending shockwaves through the technology-heavy Nasdaq index and renewing fears about the future profitability of the sector.
The report noted that among the components of the Nasdaq 100 index, MAT shares displayed both attractive valuation metrics and strong profitability metrics.
Libby Bierman, Sageworks analystThe improved profitability is impressive, considering modest inflation at the producer level in recent years, as measured by the Producer Price Index.