Banking

Stocks To Watch Ahead Of Earnings: Axcelis Technologies

With its next quarterly earnings report due around May 4, Axcelis Technologies (ACLS) is trading about -15% under a 50.31 buy point. The base is a second-stage ascending base.




X



Buying a stock just ahead of earnings can be risky since you typically don’t have enough time to establish a profit cushion before the latest quarterly numbers come out. Be sure to follow sound buy and sell rules to minimize your exposure.


See How IBD Helps You Make More Money In Stocks


Axcelis Technologies reported 48% earnings-per-share growth in its most recent report. Sales increased 13%.

Analysts expect EPS growth of 3% for the quarter, and 29% growth for the full year. Estimates for the full year were recently revised upward.

Axcelis Technologies has a 97 Composite Rating and holds the No. 14 rank among its peers in the Electronics-Semiconductor Equipment industry group. Applied Materials (AMAT), ASML Hldgs (ASML) and Brooks Automation (BRKS) are among the top 5 highly rated stocks within the group.

Note: Dates for earnings reports are subject to change. Check the company’s website for any updates.

YOU MIGHT ALSO LIKE:

Earnings Calendar, Analyst Estimates And Stocks To Watch

New Option Strategy Limits Risk Around Earnings

Most Related Links :
newsbinding Governmental News Finance News

Source link

Back to top button