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.
Please follow this link for more:
Advanced Energy Industries Steps Back On Softer Demand
No comments:
Post a Comment