When it comes to companies tied to the semiconductor capital equipment
cycle, talking about valuation often feels pretty pointless. Creating
accurate long-term models is a Sisyphean task, and the realities of the
market mean that the stocks often go much too low in the bad times and
much too high in the good times. With that in mind, then, Edwards Group (EVAC)
doesn't necessarily jump out as a screaming bargain today, but I
suspect that a recovering in the cyclical semiconductor, panel, and LED
markets will lead to significant stock performance for a year or two.
Please read more here:
Thinly-Traded Edwards Group Could Outperform On Semi Equipment Pickup
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