#4 - ACM Research (NASDAQ:ACMR)
The semiconductor sector has a long runway for growth. For investors looking to invest in the sector without dealing with the ever-fluctuating price of the chips themselves, investors can consider ACM Research (NASDAQ:ACMR). This is labeled a “picks and shovels” company because it manufactures cleaning equipment for the wafers used in semiconductors.
ACM Research is already a profitable company which is not typical of all small-cap stocks. And the company has beat analysts’ EPS estimates in 7 of the last 8 quarters.
With that said, ACMR stock has not been immune to the sell-off in stocks. And since the company does most of its business in China, it’s not without geopolitical risk. That may be a reason why short interest remains higher than many investors will be comfortable with.
And that may be reflected in the outlook from the analysts tracked by MarketBeat. These analysts give the stock an 86% upside. Although the company is only covered by five analysts, all five give the stock a buy.
About ACM Research
ACM Research, Inc, together with its subsidiaries, develops, manufactures, and sells single-wafer wet cleaning equipment for enhancing the manufacturing process and yield for integrated chips worldwide. It offers space alternated phase shift technology for flat and patterned wafer surfaces, which employs alternating phases of megasonic waves to deliver megasonic energy in a uniform manner on a microscopic level; timely energized bubble oscillation technology for patterned wafer surfaces at advanced process nodes, which provides cleaning for 2D and 3D patterned wafers; Tahoe technology for delivering cleaning performance using less sulfuric acid and hydrogen peroxide; and electro-chemical plating technology for advanced metal plating.
Read More - Current Price
- $23.57
- Consensus Rating
- Buy
- Ratings Breakdown
- 5 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $31.88 (35.3% Upside)
