Thursday, May 8, 2014

Seeking Alpha: Advanced Energy Industries Steps Back On Softer Demand

Advanced Energy Industries' (AEIS) first-quarter results reflect at least some of the reasons why I wasn't too eager to overpay for the stock back in early February. While AEIS has good technology and products for both the semiconductor equipment and solar industries, these are volatile businesses, and demand/orders for semi equipment in particular has proven to be quite volatile this year. The company has a lot of work left to do in bringing the solar inverter business to profitability, but the nearly 50% haircut since late February does have this stock at a more interesting level.

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Advanced Energy Industries Steps Back On Softer Demand

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