American Superconductor Corporation (AMSC) has demonstrated remarkable growth, with its stock surging nearly 97% over the past six months. The stock has outpaced the Zacks Electronics - Miscellaneous Components industry, The Technology Select Sector SPDR Fund (XLK) ETF and the S&P 500 index’s rise of 11.2%, 17% and 15.2% over the same period.AMSC stock has also outperformed other players in the Electronics - Miscellaneous Components industry space, including Ballard Power Systems (BLDP) and OSI Systems (OSI ...

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Has American Superconductor (AMSC) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.American Superconductor is one of 620 companies in the Computer and Technology group. The Computer and Technology group currently sits at #2 within the Zacks S ...

In the last 12 months shares of little known Massachusetts-based American Superconductor have soared 276%. No, American Superconductor is not some sizzling hot new AI company. It is an old tech up-and comer, born in the kitchen of an MIT professor almost 40 years ago. It makes specialty wires, and other electronic gear mostly used by power companies and manufacturers— critical infrastructure for the nation’s power grid in the rush toward renewable energy. Its products have been in high demand before, but it ...

These companies are each helping to build the next-generation electricity grid.The two big trends for the rest of the decade will be artificial intelligence and electrification.Behind both of those megatrends? Electricity ... and lots of it.In fact, electricity demand is growing in the U.S. at a rate we haven't experienced in over 20 years. According to Goldman Sachs (GS 0.32%), U.S. electricity demand will grow at a 2.4% annualized rate through the end of this decade. While that doesn't sound like much, co ...

Last week, Wall Street cheered the Fed’s decision to reduce the benchmark lending rate by 50 basis points. The latest “dot-plot” of the central bank has indicated another 50 basis-point interest rate cut this year. In addition, with the fundamentals of the U.S. economy remaining rock solid, fears of an imminent recession have evaporated.A low-interest rate regime is likely to benefit small businesses the most. Consequently, investment in this space should be fruitful in the short-to-near term. We have narro ...

The Zacks Electronics - Miscellaneous Components industry is benefiting from the ongoing automation drive, and increased spending by manufacturers of semiconductors, automobiles, machinery and mobile phones. Notably, industry players like Fabrinet (FN) , Novanta (NOVT) , OSI Systems (OSIS) and American Superconductor (AMSC) are well-poised to benefit from the solid adoption of AI and the democratization of IoT techniques, which are transforming robotics, industrial automation, transportation systems, retail ...

The Computer and Technology group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. American Superconductor (AMSC) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.American Superconductor is a member of our Computer and Technology group, which includes 617 different companies an ...

AYER, Mass., Sept. 10, 2024 (GLOBE NEWSWIRE) -- AMSC (Nasdaq: AMSC), a leading system provider of megawatt-scale power resiliency solutions that orchestrate the rhythm and harmony of power on the grid™ and protect and expand the capability and resiliency of our Navy’s fleet, today announced updated financial guidance for its second fiscal quarter ending September 30, 2024 to reflect the recently announced acquisition of NWL. AMSC now expects revenues, inclusive of its NWL acquisition, to be in the range of ...

American Superconductor (AMSC) closed the last trading session at $18.73, gaining 0.1% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $27 indicates a 44.2% upside potential.The mean estimate comprises three short-term price targets with a standard deviation of $3.46. While the lowest estimate of $23 indicates a 22.8% increase from the current price level, the most optimistic analy ...

American Superconductor (AMSC) has shown impressive resilience and growth so far this year, with its stock price climbing 79.3% year to date. This stellar performance underscores investors' confidence in the company's strong fundamentals.AMSC's gain has outpaced the industry, the Zacks Computer & Technology sector and the S&P 500 index’s rise of 7.5%, 22.7% and 17.9% over the same period.The company is riding on its strong positioning in alternative energy. The solid uptake of its grid interconnection solut ...