The technology industry has been booming, especially over the last year. This is primarily due to the increased attention surrounding generative artificial intelligence (AI) and similar technologies. The production of semiconductors is crucial to the development of innovative technologies.Along with being vital to technological advancement, semiconductors are just as important to our everyday lives. They make our smartphones, cars and computers function.A few stocks within the semiconductor industry share i ...

While conventional wisdom calls for selling securities, these best Nasdaq stocks may require a complete rethink. With the possibility that the Federal Reserve might get its soft landing after all, risk-on sentiment has returned on Wall Street.Previously, the combination of consistently robust jobs reports and soaring energy prices meant that the central bank would likely have been forced to shift its policy. Rather than cutting interest rates, the Fed appeared to be on course to raise them. However, with th ...

ACM Research (ACMR) is set to report its first-quarter 2024 results on May 8.The company has been benefiting from its multi-product portfolio and growing customer base. Its strengthening foothold across international markets like the United States, Europe and Korea, strong China localization trend, increasing mature node investment in China, and new product cycles have been driving top-line growth.The company’s strong market position across the semiconductor end market on the back of its differentiated tech ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about ACM Research, Inc. (ACMR) . ACM Research currently has an average brokerag ...

Some stocks stand out among the vastness of the stock market as possible opportunities. Their growth derives from emerging trends and game-changing technology. These three millionaire-maker stocks each provide a unique opportunity that has the potential to transform portfolios and release riches.The first is leading the way in expanding into foreign markets and demonstrating its ability to compete globally. The company’s trajectory denotes expansion with certifications from top American manufacturers and pr ...

The most recent trading session ended with ACM Research, Inc. (ACMR) standing at $26.72, reflecting a -1.18% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 0.32% for the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Coming into today, shares of the company had lost 7.21% in the past month. In that same time, the Computer and Technology sector lost 1.9%, while the S&P 500 lost 2%.The upcoming earnings releas ...

Core Viewpoint - The article discusses the relevance of top Russell 2000 stocks amidst the dominance of larger companies in the S&P 500, highlighting potential investment opportunities in smaller-cap stocks that may offer significant gains [1]. Group 1: Russell 2000 Overview - The Russell 2000 index includes the smallest 2000 companies in the Russell 3000, providing insights into U.S. small-cap stocks, which are generally more volatile but can present exciting investment opportunities [1]. - The performance of Russell 2000 stocks is contrasted with the 'Magnificent Seven' stocks that have driven market gains, suggesting a potential shift in focus back to smaller companies [1]. Group 2: Sprouts Farmers Market - Sprouts Farmers Market (NASDAQ:SFM) had a market cap of $6.74 billion in October 2013, which fell to $2.25 billion seven years later, but has since rebounded to over $6.65 billion, illustrating the volatility and recovery potential of Russell 2000 stocks [2]. Group 3: LiveRamp (RAMP) - LiveRamp (NYSE:RAMP) is a leader in omnichannel advertising, providing a comprehensive platform for marketing, analytics, and customer identity management, with a focus on privacy and compliance [3]. - The company has shown strong growth, beating earnings estimates in six of the last seven quarters, and has improved its trailing twelve-month losses by 88% to negative $14 million [4]. - LiveRamp's levered free cash flows have increased by 54% year-over-year, significantly higher than the sector median, with analysts projecting a 53% upside from current price levels [4]. Group 4: SkyWest (SKYW) - SkyWest (NASDAQ:SKYW) has rebounded strongly post-pandemic, with a 210% increase in stock value last year, outperforming the S&P 500 by 186% [6]. - The company has returned to positive sales growth, with Q1 revenues of $804 million, a 16.2% year-over-year increase, and an EPS of $1.45, beating estimates by 26 cents [7]. - Despite its growth, SkyWest stock trades at just 0.86 times forward sales estimates, which is 41% lower than the sector median, indicating potential undervaluation [7]. Group 5: ACM Research (ACMR) - ACM Research (NASDAQ:ACMR) is crucial in semiconductor fabrication, specializing in wafer cleaning and wet processing, which enhances the quality and efficiency of semiconductor manufacturing [8]. - The stock has seen a remarkable 431% growth over the past five years, with nearly 200% increase last year, supported by a 52% average increase in sales during the same period [9]. - ACM's net income margins have consistently exceeded 13%, indicating strong business performance and positive future outlook due to favorable industry trends [9].

Core Insights - ACM Research, Inc. expects preliminary unaudited revenue for Q1 2024 to be between $150 million and $152 million, indicating a year-over-year growth of 102% to 105% [2] - Total shipments for Q1 2024 are anticipated to be in the range of $235 million to $240 million, reflecting a year-over-year growth of 163% to 169% [2] - The company reaffirms its full-year 2024 revenue outlook, projecting revenue between $650 million and $725 million, which represents a year-over-year growth of 17% to 30% [2] Company Overview - ACM Research specializes in developing, manufacturing, and selling semiconductor process equipment essential for advanced semiconductor device manufacturing and wafer-level packaging [4] - The company holds an 82.1% equity interest in ACM Shanghai, which significantly contributes to ACM's consolidated revenue and net income [3]

The most recent trading session ended with ACM Research, Inc. (ACMR) standing at $25.15, reflecting a +0.6% shift from the previouse trading day's closing. This change lagged the S&P 500's 0.87% gain on the day. Elsewhere, the Dow gained 0.67%, while the tech-heavy Nasdaq added 1.11%.The company's shares have seen a decrease of 18.94% over the last month, not keeping up with the Computer and Technology sector's loss of 5.98% and the S&P 500's loss of 3.97%.The investment community will be paying close atten ...

ACM Research, Inc. (ACMR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned -18.9%, compared to the Zacks S&P 500 composite's -4% change. During this period, the Zacks Semiconductor Equipment - Material Services industry, which ACM Research falls in, has lost 9.8%. The key question now is: What could be the stock's future directio ...