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3 Small-Cap Stocks Targeting 500% Upside by 2030
ACM ResearchACM Research(US:ACMR) investorplace.comยท2024-05-24 10:00

Group 1: Small-Cap Stocks Overview - Small-cap stocks present significant upside potential despite their volatility and lack of earnings, as they focus on business expansion [1] - The uncertainty surrounding small-cap stocks results in lower share prices, but successful companies can experience tremendous growth [1] Group 2: ACM Research (ACMR) - ACM Research, based in Fremont, California, specializes in semiconductor equipment, particularly single-wafer wet cleaning equipment [2] - The global wafer cleaning equipment market was valued at $4.23 billion in the previous year and is projected to grow to $5.77 billion by 2030, with a CAGR of 4.5% [2] - ACM reported a net income of $87.64 million on revenue of $635.66 million in the last 12 months, with a quarterly revenue growth rate of 105% [2][3] Group 3: IonQ (IONQ) - IonQ, located in College Park, Maryland, develops general-purpose quantum computing systems and has a market cap of less than $2 billion [5] - The quantum computing market is expected to reach $6.5 billion by 2028, with a CAGR of 48.1% from 2023 [5] - IonQ incurred a net loss of $170 million on revenue of $25.34 million over the trailing 12 months, but its quarterly revenue growth rate is 76.9% [6] Group 4: AST SpaceMobile (ASTS) - AST SpaceMobile, headquartered in Midland, Texas, focuses on space-based cellular broadband networks for smartphones [7] - The company reported a net loss of $90.97 million on revenue of only $500,000 over the past 12 months, with shares trading at 877X trailing-year sales [7][8] - For fiscal 2024, analysts expect a loss per share of 76 cents and sales to potentially reach $55.23 million, with a target of $113 million [8]