There's a quote you will hear once in a while around racing tracks that
goes “to finish first, first you have to finish”. Given the nasty
cyclical decline in semiconductor
and flat panel manufacturing, and the near-death spiral of solar power,
that seems like a relevant starting point for a discussion of Advanced Energy Industries (Nasdaq:AEIS).
While conditions look pretty uninspiring today, AEIS has maintained
solid market share through this downturn, has a liquid balance sheet,
and should be poised to benefit when its core markets ultimately turn
around.
To read more, please follow this link:
http://www.investopedia.com/stock-analysis/051313/advanced-energy-industries-hanging-turn-aeis-pwer-mksi-si-ge.aspx
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