Company Performance - ACM Research, Inc. (ACMR) closed at $28.21, reflecting a -1.4% shift from the previous trading day's closing, lagging behind the S&P 500's 1.2% loss [1] - Over the past month, shares of ACMR have appreciated by 5.53%, outperforming the Computer and Technology sector's loss of 0.51% and the S&P 500's loss of 0.85% [1] - The upcoming earnings disclosure is projected to show an EPS of $0.36, indicating a 140% increase compared to the same quarter of the previous year, with revenue expected at $142.67 million, up 92.12% from the prior-year quarter [1] Analyst Estimates - For the entire fiscal year, Zacks Consensus Estimates project earnings of $1.62 per share and revenue of $698.97 million, representing changes of -0.61% and +25.33% from the prior year, respectively [2] - Recent changes to analyst estimates for ACMR indicate a positive outlook on the company's business operations and profit generation capabilities [2] - Upward revisions in estimates are linked to stock price performance, suggesting that investors can capitalize on these changes using the Zacks Rank [2] Valuation and Industry Ranking - ACMR holds a Zacks Rank of 1 (Strong Buy), with the Forward P/E ratio at 17.66, showing no noticeable deviation from the industry average [3] - The Semiconductor Equipment - Material Services industry, part of the Computer and Technology sector, ranks in the top 1% of all industries according to the Zacks Industry Rank [3]

The second quarter of 2024 is set to be a mixed bag for investors as market growth expectations on Wall Street contend with the Federal Reserve’s monetary policy indecision. At the beginning of the year there was widespread optimism the Fed would cut rates for the first time since Q1 2020, perhaps as early as March. Stubborn inflation levels, however, slowed some of the hopes for clearing this headwind. Now, the prospect of any cuts taking place in the first half of the year appears to be evaporating. The c ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Group 1: Mid-Cap Stocks Overview - Mid-cap stocks provide a unique blend of growth prospects and stability, particularly when they are profitable [1] - Identifying top mid-cap contenders can be challenging, making diversification essential for investors [1] - With the right approach, mid-cap stocks can yield substantial rewards [1] Group 2: ACM Research (ACMR) - ACM Research is a leading wafer packaging and semiconductor cleaning company based in Fremont, California [2] - The company has experienced significant revenue growth, with a 43% year-over-year increase in FY23, reaching $557.72 million [3] - Net income surged 97% year-over-year to $77.35 million, equating to $1.16 per share, with management projecting up to 30% revenue growth in FY24 [3] Group 3: Qualys (QLYS) - Qualys is a prominent provider of cybersecurity solutions, offering a cloud-based platform for vulnerability remediation [4] - The company reported a 13% year-over-year revenue increase to $554.5 million in FY23, with EPS rising 47% to $4.03 per share [5] - Free cash flow exceeded $200 million, indicating consistent profitable growth [5] Group 4: Sterling Infrastructure (STRL) - Sterling Infrastructure focuses on diverse infrastructure solutions, including transportation and e-infrastructure projects [6][7] - The company achieved an 11% year-over-year revenue increase to $1.97 billion in FY23, with EPS growing 28% to $4.44 per share [7] - Sterling's gross margins expanded by 350 basis points to 18.9%, and it ended the year with a backlog exceeding $2 billion [7]

ACM Research, Inc. (ACMR) 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 company have returned +10.1%, compared to the Zacks S&P 500 composite's +1.7% change. During this period, the Zacks Semiconductor Equipment - Material Services industry, which ACM Research falls in, has gained 2.8%. The key question now is: What could be th ...

The Russell 2000, an index tracking the performance of small-to-mid-cap companies, continues to struggle against its peer indices, largely repeating the events of last year. In 2023, The Russell 2000 increased 16.8%, while the S&P 500 and Nasdaq indices appreciated 24.2% and 43.4%, respectively. The index had been trailing the S&P 500 and Nasdaq since then. In 2024, the Russell 2000 is up slightly more than 2%, while the S&P500 and Nasdaq are trading upward at 9.1% and 6.9%, respectively.Because of the Russ ...

The rally that catapulted U.S. equities to newer and higher valuations seems to have come to an end. The second quarter of 2024 has seen many stocks slip and lose their once rich valuations. Still, U.S.-listed stocks overall have become expensive, especially when compared to EU-listed stocks and emerging markets-based equities. At some point trading multiples will have to come back down to reality. During this current bout of market volatility, investors should be screening for undervalued stocks. Stocks ar ...

The semiconductor industry is having a bumpy ride. Sales have been steadily making a rebound but the challenges are far from over. However, the future holds promise given the high demand for chips.The Semiconductor Industry Association (SIA) said on Apr 3 that global semiconductor sales totaled $46.2 billion in February, up 16.3% year over year. Sales in February 2023 totaled $39.7 billion.However, after a steady rise over the past few months, semiconductor sales fell 3.1% from January’s total of $47.6.Regi ...

The technology industry has outpaced nearly another market sector within the last year and has added a tremendous amount of growth to the S&P 500. The Technology Select Sector SPDR Fund is considered a benchmark for the tech industry, which has grown by 37% within the last year. The ever-advancing field of generative AI and other innovative technology, such as cloud computing and increased semiconductor production, has led the technology industry down a path of immense profitability.Here are a few investmen ...

Finding possibilities in the stock market beyond popular forecasts is essential for remarkable investment returns in its ever-changing landscape. Three silent titans exceed analysts’ predictions as they discreetly position themselves for exponential expansion. Each business works in a different industry – consumer banking, application software, and semiconductor materials and equipment. Yet, they are all connected by a shared commitment to strategic vision and market penetration.Learn more about the ways th ...