J Studios Investment action I recommended a buy rating for Silicon Laboratories (NASDAQ:SLAB) when I wrote about it in May, as I expected SLAB to see sequential growth as the excess inventory situation eases. Based on my current outlook and analysis, I recommend a buy rating. My key update to my thesis is that the recovery growth is now a lot more visible, and 2H24 may see the end of the current inventory oversupply situation. Couple that with a decent runway for margin to expand back to historical leve ...