PQUS0.180%
as of Sep 1
TER
GrowthTERADYNE INC.
Teradyne, Inc. engages in the design, development, manufacture, and sale of automated test systems and robotics products in the United States, Asia Pacific, Europe, the Middle East, and Africa. The company operates through Semiconductor Test, Robotics, and Other segments. The Semiconductor Test segment offers products and services for wafer level and device package testing, and system level testing of semiconductor devices in automotive, industrial, communications, consumer, smartphones, cloud, computer and electronic game, and other applications.
Close · 3M
-19.01%
Held by 2 AI ETFs
AMOM0.010%
as of Sep 2
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
Buy signals13
Win rate0% (0/13)
Avg buy return-17.50%
PQUS · New entry · 1d
weight 0 → 0.110% (new)·stock up 4.6% in the 30 days before
Aug 7·entry $379.31·now $338.59Fresh
-10.74%
since Aug 7
PQUS · Exit · 1d
weight 0.040% → 0 (exited)·stock down 21.3% in the 30 days before
Jul 17·entry $322.36·now $338.59
+5.03%
since Jul 17
PQUS · Weight decrease · 2d
weight 0.150% → 0.040% (-0.110 pp)·stock down 2.6% in the 30 days before
Jul 10·entry $359.60·now $338.59
-5.84%
since Jul 10
PQUS · Weight increase · 2d
weight 0.170% → 0.200% (+0.030 pp)·stock up 16.2% in the 30 days before
Jun 27·entry $463.21·now $338.59Fresh
-26.90%
since Jun 27
PQUS · Weight increase · 2d
stock up 11.0% in the 30 days before
Jun 14·entry $432.41·now $338.59Fresh
-21.70%
since Jun 14
PQUS · Weight increase · 2d
stock down 10.6% in the 30 days before
May 23·entry $389.14·now $338.59Fresh
-12.99%
since May 23
+5.46%
since May 17
AMOM · Weight decrease · 4d
weight 0.390% → 0.010% (-0.380 pp)·stock down 15.3% in the 30 days before
Sep 2·entry $341.62·now $338.59
-0.89%
since Sep 2
AMOM · Weight decrease · 3d
weight 0.390% → 0.360% (-0.030 pp)·stock down 8.3% in the 30 days before
Sep 1·entry $335.46·now $338.59
+0.93%
since Sep 1
AMOM · Weight decrease · 2d
weight 0.390% → 0.370% (-0.020 pp)·stock down 4.9% in the 30 days before
Aug 31·entry $349.83·now $338.59
-3.21%
since Aug 31
AMOM · Weight decrease · 2d
weight 0.450% → 0.400% (-0.050 pp)·stock up 1.5% in the 30 days before
Aug 19·entry $379.65·now $338.59
-10.82%
since Aug 19
AMOM · Weight increase · 2d
weight 0.420% → 0.450% (+0.030 pp)·stock up 37.5% in the 30 days before
Aug 17·entry $443.14·now $338.59Fresh
-23.59%
since Aug 17
AMOM · Weight increase · 2d
weight 0.390% → 0.420% (+0.030 pp)·stock up 14.0% in the 30 days before
Aug 12·entry $402.74·now $338.59Fresh
-15.93%
since Aug 12
AMOM · Weight decrease · 2d
weight 0.420% → 0.390% (-0.030 pp)·stock up 1.5% in the 30 days before
Aug 10·entry $365.10·now $338.59
-7.26%
since Aug 10
AMOM · Sudden change · 1d
weight 0.110% → 0.420% (+0.310 pp)·stock up 9.5% in the 30 days before
Aug 6·entry $384.89·now $338.59
-12.03%
since Aug 6
AMOM · Weight increase · 2d
weight 0.100% → 0.120% (+0.020 pp)·stock down 24.5% in the 30 days before
Jul 30·entry $365.49·now $338.59Fresh
-7.36%
since Jul 30
-17.35%
since Jun 3
AIEQ · Exit · 1d
weight 0.110% → 0 (exited)·stock down 14.0% in the 30 days before
Aug 2·entry $365.80·now $338.59
-7.44%
since Aug 2
AIEQ · Weight decrease · 2d
weight 0.430% → 0.110% (-0.320 pp)·stock down 6.0% in the 30 days before
Jul 3·entry $379.52·now $338.59
-10.78%
since Jul 3
AIEQ · Weight increase · 2d
weight 0.390% → 0.440% (+0.050 pp)·stock up 16.2% in the 30 days before
Jun 26·entry $436.86·now $338.59Fresh
-22.49%
since Jun 26
AIEQ · Weight increase · 2d
stock up 11.0% in the 30 days before
Jun 14·entry $432.41·now $338.59Fresh
-21.70%
since Jun 14
-11.22%
since Jun 11
-16.78%
since Jun 4
+5.46%
since May 17
LQAI · Exit · 1d
weight 0.110% → 0 (exited)·stock down 15.7% in the 30 days before
Jul 7·entry $343.11·now $338.59
-1.32%
since Jul 7
LQAI · Weight decrease · 2d
weight 0.140% → 0.110% (-0.030 pp)·stock down 6.0% in the 30 days before
Jul 2·entry $369.09·now $338.59
-8.26%
since Jul 2
LQAI · Weight increase · 2d
stock up 21.3% in the 30 days before
Jun 15·entry $432.41·now $338.59Fresh
-21.70%
since Jun 15
-8.29%
since Jun 9
Sell signals show what the stock did after the AI exited. A negative number means the AI's exit was well-timed.
Buffett-style framework
Too hard to callas of Aug 2
While AI ETFs show varied activity with AIEQ exiting, AMOM increasing its weighting, and QRFT maintaining its holding, the Buffett-style framework deems Teradyne 'Too Hard' to analyze. This indicates a divergence where AI strategies are actively engaging with the company, but a traditional value approach finds it too unpredictable for reliable long-term investment.
- Circle of CompetenceThe inherent cyclicality and rapid technological evolution within the semiconductor equipment industry make it genuinely unpredictable for projecting stable ten-year cash flows.
- Economic MoatAn economic moat cannot be reliably assessed as the business itself falls outside the circle of competence for long-term predictability.
- ManagementEvaluating management's capital allocation and integrity is not possible once the underlying business is deemed too unpredictable to analyze.
- Financial HealthStandard financial health metrics are insufficient when the long-term predictability of owner earnings cannot be established due to industry volatility.
- Margin of SafetyWithout predictable future cash flows, a conservative estimate of intrinsic value cannot be formed, making a margin of safety impossible to determine.
Despite strong reported recent financials and revenue growth for Teradyne, its position in the highly cyclical and technologically dynamic semiconductor equipment industry presents a significant hurdle. The framework's core requirement for predictable long-term cash flows cannot be met, rendering the business unsuitable for a confident valuation. Consequently, Teradyne is classified as 'Too Hard' to assess, highlighting the importance of predictable unit economics over current performance metrics.
Educational interpretation generated by AI applying frameworks Warren Buffett documented in his shareholder letters and other public writings. Not a statement by Mr. Buffett or Berkshire Hathaway, and not investment advice.