1 Super Semiconductor Stock (Besides Nvidia) to Buy Hand Over Fist for the Second Half of 2024 [Yahoo! Finance]
Axcelis Technologies, Inc. (ACLS)
Last axcelis technologies, inc. earnings: 2/5 04:01 pm
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Source: Yahoo! Finance
For a brief moment in June, it even became the most valuable company in the world when its market cap eclipsed $3.4 trillion. It's unlikely Nvidia stock will deliver a comparable gain in the second half of this year, purely because of its sheer size and its valuation relative to its earnings. For that reason, investors might be better off looking at other stocks to drive their portfolios forward. Axcelis Technologies (NASDAQ: ACLS) is a critical service provider to the semiconductor industry. Its stock has soared 800% over the last five years, yet it's still incredibly cheap compared to its peers. Management is forecasting a strong second half of 2024, so here's why it could be the ideal stock to buy right now. Axcelis will benefit from artificial intelligence Nvidia designs powerful graphics processing chips ( GPU s) that have multiple applications, including being used in data centers that help developers build, train, and deploy artificial intelligence (AI) models. Axcelis
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ACLS
News
- Axcelis Technologies Appoints David Ryzhik Senior Vice President of Investor Relations and Corporate Strategy [Yahoo! Finance]Yahoo! Finance
- Axcelis Technologies Appoints David Ryzhik Senior Vice President of Investor Relations and Corporate StrategyPR Newswire
- Axcelis (ACLS) Sets Up Service Offices for Customers in Japan [Yahoo! Finance]Yahoo! Finance
- Axcelis Expands Semiconductor Equipment Business Operations in JapanPR Newswire
- Axcelis Expands Semiconductor Equipment Business Operations in JapanPR Newswire
ACLS
Earnings
- 5/1/24 - Beat
ACLS
Sec Filings
- 6/24/24 - Form 4
- 6/18/24 - Form 4
- 6/18/24 - Form 4
- ACLS's page on the SEC website