Axcelis Technologies (ACLS) closed at $139.33 in the latest trading session, marking a +1.05% move from the prior day. This move outpaced the S&P 500's daily gain of 0.29%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq added 0.43%.Coming into today, shares of the semiconductor services company had gained 3.34% in the past month. In that same time, the Computer and Technology sector gained 3.67%, while the S&P 500 gained 2.08%.Investors will be eagerly watching for the performance of Axcelis Tec ...

Artificial intelligence was a great trade in 2023. Stocks in the sector soared while corporations have been in a rush to announce AI initiatives to attract investors.While some sectors fizzle out after a few years, AI has tremendous staying power. The technology is already incorporated into many websites, apps, and platforms that we regularly use. While 2023 put the technology into the spotlight with the introduction of ChatGPT, this trend has been developing for several years. Investors can still cash in o ...

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.Shares of this semiconductor services company have returned -1.3% over the past month versus the Zacks S&P 500 composite's +1.6% change. The Zacks Electronics - Manufacturing Machinery industry, to which Axcelis belongs, has gained 2.3% over this period. Now the key question is: Where could ...

BEVERLY, Mass., Jan. 22, 2024 /PRNewswire/ -- Axcelis Technologies, Inc. (Nasdaq: ACLS), a leading supplier of enabling ion implantation solutions for the semiconductor industry, announced today that it will showcase its innovative Purion™ platform of ion implanters at SEMICON Korea 2024.  The event is being held January 31st through February 2nd, at the COEX Center in Seoul, Korea. Axcelis will be located at Booth #D712. Semiconductor manufacturers are invited to visit the Axcelis exhibit to learn first-ha ...

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 ...