The future of the U.S. economy appears promising as indicated by recent economic reports. The Federal Reserve’s Beige Book regional survey suggests that while manufacturing has faced some decline, strong travel activity and optimistic expectations from businesses, driven in part by the prospect of lower interest rates, contribute to a positive outlook. Additionally, buoyant retail sales exceeded expectations in December and various economic indicators, such as stable wages, job opportunities, lower interest ...

In this new year, investors seek lucrative opportunities to grow their portfolios. In 2024, three high-potential stocks promise to turn a $10,000 investment into $20,000.The first one’s lead into stablecoins, particularly a regulated one, suggests a focus on diversifying and securing digital transactions. The platform’s prowess in handling billions for large enterprises further solidifies its significance in facilitating massive transaction volumes. Meanwhile, the second one has robust performance, marked b ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Axcelis Technologies (ACLS) , which belongs to the Zacks Electronics - Manufacturing Machinery industry, could be a great candidate to consider.This semiconductor services company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 21.21%.For the l ...

Ignatiev Axcelis Technologies, Inc. (NASDAQ:ACLS) is a semiconductor equipment company focused on Ion Implant equipment. We analyzed the company as it has had a superb growth track record with an average growth of over 20% in the past 5 years and 19.3% in the past 10 years. We delved into Axcelis' commitment to the Ion Implant market, assessing market outlook and growth drivers. Additionally, we examined the company's competitive advantage in Ion Implant technology. Lastly, we analyzed Axcelis' geograph ...

In the latest trading session, Axcelis Technologies (ACLS) closed at $120.34, marking a +0.59% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.56% for the day. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.59%.Shares of the semiconductor services company have depreciated by 12.15% over the course of the past month, underperforming the Computer and Technology sector's gain of 1.27% and the S&P 500's gain of 1.2 ...

The New Year gives investors the opportunity to reassess their portfolios, determine their objectives and plan accordingly. Investors often go into a New Year hoping to outperform last year’s returns. Some stocks offer that possibility. While index funds can generate respectable returns, several growth stocks can comfortably exceed index returns and reward long-term investors. With the year still in its early innings, investors have time to jump on board captivating growth stories. These are some of the mus ...

Axcelis Technologies (ACLS) has revised its financial outlook for the fourth quarter of 2023 and reiterated its expectations for 2023. The company is scheduled to report fourth-quarter results on Feb 7, 2024.The company anticipates fourth-quarter revenues to surpass $300 million, exceeding the earlier estimate of approximately $295 million and reiterates its expectation for 2023 revenues to exceed $1.1 billion. Earnings per diluted share for the same quarter are now projected to exceed $2.05, up from the pr ...

Searching for undervalued growth stocks takes a bit of extra work, especially in a market that saw many of them surge in the previous year. However, investors who dig for these stocks and remain invested in the long run can outperform the market. While it’s possible to find undervalued growth stocks within big tech, it’s harder to do so since everyone knows those stocks. Investors who look for smaller companies with less fanfare have the potential to discover undervalued stocks before they become mainstream ...

Investors often gravitate toward growth stocks in the pursuit of maximum returns. While blue-chip stocks offer a safer approach, growth-oriented investments contain more risk but far more upside. Some growth stocks generate more returns in one year than the S&P 500 can muster in five years. When growth stocks gain momentum, they can soar quickly. Some growth stocks look poised to reward investors even more as their respective companies gain more market share and post compelling financials.Investors looking ...

Axcelis Technologies (ACLS) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this semiconductor services company have returned -3.7%, compared to the Zacks S&P 500 composite's +3.5% change. During this period, the Zacks Electronics - Manufacturing Machinery industry, which Axcelis falls in, has gained 6.7%. The key question now is: Wha ...