ams AG's Business Wins Offset Some Of The Near-Term Apple Turbulence

Growth semiconductor stories aren't where you go if you can't handle some drama and volatility, and ams (OTCPK:AMSSY)(AMS.S) has certainly provided that. Although the shares have basically matched the SOX since my last write-up in mid-January (and outperformed Finisar (FNSR) and Himax (HIMX)), it hasn't been a smooth ride as investors have had to digest some encouraging wins as well as a big cut to guidance on reduced expectations for Apple's (AAPL) high-end phone production.

I continue to believe that ams is a good way to play the growth of 3D sensing, not just in consumer devices but also in auto and industrial applications. There will be no shortage of competition, and ams' relationship will likely add volatility (and likely some margin challenges), but I think the long-term potential is worth it.

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ams AG's Business Wins Offset Some Of The Near-Term Apple Turbulence