Have you noticed the headlines about potential interest rate cuts this year? I bet your portfolio has, too. The potential for the Federal Reserve to begin cutting interest rates is a big deal. Indeed, such a move could mean big upside for some unloved stocks in 2024. Inflation is cooling, and the economy seems strong enough for the Fed to step back and take a breather. Rate cuts could come as early as this spring. That means now could be the perfect time to grab shares in a few companies that should pop whe ...

Shares of small semiconductor manufacturing equipment company Aehr Test Systems (AEHR -0.33%) -- provider of silicon carbide (SiC) test and burn-in machines used in electric vehicle parts production -- have made a stunning round trip the past few years. As auto sales, and especially EV sales, started to heat up during the pandemic, Aehr stock skyrocketed into investors' collective consciousness, owing to the critical nature of its manufacturing equipment.But times have changed, and EV market growth is slowi ...

Loading...Loading...The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30, according to Benzinga Pro.Here’s the latest ...

After soaring well over 100% in value in 2023 through the summer and early autumn months, shares of electric vehicle (EV) electronics equipment supplier Aehr Test Systems (AEHR -4.17%) have reversed course. In fact, after its most recent earnings update, the stock has given up all of its 2023 gains and then some. Nevertheless, Aehr has earned itself a spot as an investor favorite in the EV supply chain for good reason. After getting clobbered, is Aehr stock a buy for 2024 and beyond?Getting up to (EV) speed ...

During the AI rally last year, many leading AI stocks soared to dizzying heights, becoming some of the most expensive names on the market. Investors were willing to pay sky-high premiums for these high-flyers, with Nvidia’s (NASDAQ:NVDA) share price approaching $550 at its peak. Nvidia now trades at a whopping 30 times sales (higher than 96% of semiconductor stocks), despite fierce competition from rivals racing to develop their own AI chips to claw away market share.But this article isn’t about Nvidia or o ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to ______________ Commission File Number 000-22893 AEHR TEST SYSTEMS (Exact name of Registrant as Specified in its Charter) California 94-2424084 (Sta ...

Shares of Aehr Test Systems (AEHR -16.82%) fell 16.8% on Wednesday after the semiconductor test equipment company's weak forward outlook overshadowed an otherwise solid quarterly report.For Aehr's fiscal second quarter 2024 ended Nov. 30, 2023, revenue grew 45% year over year to $21.4 million, translating to adjusted non-GAAP (generally accepted accounting principles) net income of $6.7 million, or $0.23 per share. Analysts, on average, were only expecting earnings of $0.19 per share on revenue of $20.9 mil ...

Small-cap stocks are set to have their day in the sun this year, and not just because favorable economic and monetary policy conditions are set to put wind in their sales. Instead, investors are increasingly nervous about the high-flying large- and mega-cap tech stocks that beat all odds to rally substantially in 2023.But the rally that sent the Nasdaq 100 soaring nearly 50% in 2023 came with a price – overvaluation. Today, the index’s average price-to-earnings ratio sits at a whopping 29.15, indicating tha ...

Aehr Test Systems (NASDAQ:AEHR) Q2 2024 Earnings Conference Call January 9, 2024 5:00 PM ET Company Participants Jim Byers - MKR IR Gayn Erickson - President and CEO Chris Siu - CFO Conference Call Participants Christian Schwab - Craig-Hallum Capital Group Jed Dorsheimer - William Blair Tom Diffely - D.A. Davidson Matt Smith - Halter Ferguson Larry Chlebina - Chelbina Capital Operator Greetings, and welcome to Aehr Test Systems' Second Quarter Fiscal 2024 Financial Results Call. At this time, all participan ...

Aehr Test Systems (AEHR) came out with quarterly earnings of $0.23 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.78%. A quarter ago, it was expected that this company would post earnings of $0.20 per share when it actually produced earnings of $0.18, delivering a surprise of -10%.Over the last four quarters, the company ...