IPHI: Buy at 142.1 Profit Taking at $177.63

Everyday we might pick up our phones to check stocks or e-mail but not everyday we think about what is happening in our phone and what is driving it. One of the things that drives the phone is hardware and within the hardware there is communication from the cloud to our phones. In this "cloud" there are hardware designers who make sure we get our information as quickly as possible. One of the best designers in IPHI. Why IPHI because take a look at their sales and earnings below:

Quarterly Sales:
Sep19: +21%
Dec19: +19%
Mar20: +70%
Jun20: +103%

Quarterly Earnings:
Sep19: +50%
Dec19: +4%
Mar20: +88%
Jun20: +171%

For the past 3 quarters both their sales and earnings have accelerated, which is great. Not too many stocks have this and even less have it in the triple digit range. For more information on a Cup and Handle see below: