Recent Activity:
There has been a large overreaction/sell-off of Dolby stock. DLB has dropped more than 14% over the past two days. According to investment website fool.com, "Shares of Dolby Laboratories (NYSE: DLB) fell as much as 12% on heavy volume after the company reported market-beating financial results for its fiscal first quarter but reduced its guidance for full-year revenue."
Profitable and Growing Company:
Dolby is clearly the leader of its field with the highest operating margin of over 48%; the next highest operating margin in the industry is just over 27%. In addition, return on equity and return on assets are over 20% and 16%, respectively. Even though Dolby reduced its guidance for full year revenue, revenue has been growing very nicely; revenue has grown 39% from last year.
Michael R Caligiuri owns stock in Dolby
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