Aehr Test Systems: Bottomed Out - Strong Buy [Seeking Alpha]
Aehr Test Systems (AEHR)
Last aehr test systems earnings: 1/4 04:06 pm
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US:NASDAQ Investor Relations:
aehr.com/investor-relations
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Source: Seeking Alpha
I think the weakness has been priced into the stock (down 48% over the past three months) and the revised down FY24 guidance. The auto correction should end mid-2024 and I expect SiC demand to pick up in the back end of the year. I hereon share my thoughts on Aehr and why I think it's a catch for longer-term investors at current levels. Investment Thesis Aehr Test Systems ( NASDAQ: AEHR ) had one of the toughest six months, in spite of beating the top and bottom lines this quarter and wrapping up 2HFY24 with solid results. The reason is pretty straightforward: Aehr is highly exposed to the automotive correction taking place at the moment and the subsequent slowdown in silicon carbide demand. I think the stock's pullback creates the ideal investment opportunity for bottom-fishers. In my opinion, and management's opinion, the SiC slowdown is a temporary hiccup due to the auto-correction rather than a longer-term signifier of the SiC growth trajectory. The automotive and indus
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AEHR
News
- Is Aehr Test Systems (NASDAQ:AEHR) Expensive For A Reason? A Look At Its Intrinsic Value [Yahoo! Finance]Yahoo! Finance
- Is This 1 Small Chip Stock a Top Bet on the Future of AI? [Yahoo! Finance]Yahoo! Finance
- Aehr Test Systems (NASDAQ: AEHR) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating.MarketBeat
- Aehr Test Systems (NASDAQ:AEHR) Q3 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Is the Options Market Predicting a Spike in Aehr Test Systems (AEHR) Stock? [Yahoo! Finance]Yahoo! Finance
AEHR
Earnings
- 4/9/24 - Beat
AEHR
Sec Filings
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- 4/30/24 - Form 4
- AEHR's page on the SEC website