1 Semiconductor Stock to Buy Right Now [The Motley Fool]
Axcelis Technologies, Inc. (ACLS)
Last axcelis technologies, inc. earnings: 2/5 04:01 pm
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Company Research
Source: The Motley Fool
It's not a name thrown around with the high-flying heavyweights of the semiconductor industry, butAxcelis Technologies(NASDAQ:ACLSresolving the global supply shortage.That bet is paying off. The company reported a strong second-quarter earnings result last week, which sent the stock almost 0% higher. Axcelis has positioned itself for growth for the years ahead as the industry continues to expand capacity to meet growing demand. Trading at just . times forecasted 0 revenue, I think the stock is a bargain for long-term investors looking for some unique exposure to the semiconductor industry.A major opportunityA lack of new vehicle supply has driven soaring prices in the used car market as consumers compromised their purchases. The frenzy links directly to the semiconductor shortage, as automotive manufacturers struggle to get their hands on the more advanced computer chips needed to power ourincreasingly intelligent carsImage source: Getty ImagesThe rising price of vehicles accounts for
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ACLS
News
- Axcelis Technologies (ACLS) Beats Stock Market Upswing: What Investors Need to Know [Yahoo! Finance]Yahoo! Finance
- AXCELIS WINS THE TEXAS INSTRUMENTS 2023 SUPPLIER EXCELLENCE AWARD [Yahoo! Finance]Yahoo! Finance
- AXCELIS WINS THE TEXAS INSTRUMENTS 2023 SUPPLIER EXCELLENCE AWARDPR Newswire
- Axcelis Technologies (ACLS) Advances But Underperforms Market: Key Facts [Yahoo! Finance]Yahoo! Finance
- OPI, RVNC and AQST are among after hour movers [Seeking Alpha]Seeking Alpha
ACLS
Earnings
- 2/7/24 - Beat
ACLS
Sec Filings
- 4/19/24 - Form 4
- 3/29/24 - Form ARS
- 3/29/24 - Form DEF
- ACLS's page on the SEC website