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Allegro MicroSystems

ALGM position long Gavin Baker, Atreides Management

Thesis

Allegro MicroSystems is a well-positioned semiconductor design company with strong exposure to the electric vehicle market, growing its top line at over 20% and expanding margins. The company is trading at a significant discount through its parent company, Sanken, which presents a compelling investment opportunity.

Did it work?

inconclusive confidence: low

No price performance or pitch date is provided, so the return component of the thesis cannot be evaluated. The qualitative claims (20%+ top-line growth, margin expansion, EV exposure, Sanken discount) cannot be verified against a specific timeframe, and Allegro's fundamentals have varied considerably across different periods since its IPO. Without knowing when the pitch was made or how the stock performed, there is no basis to judge success or failure.