Semiconductor industry supplier ACM Research, Inc. (ACMR) draws Big Money interest.
ACMR is gaining momentum with a growing portfolio, continuous product innovation and a rich customer base, positioning itself for long-term success.
Persistently high interest rates continue to slam small-caps harder than the big dogs.
ACM Research's fourth-quarter results are likely to reflect benefits from an expanding portfolio despite risks from competition and U.S. export limits.
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ACM Research's updated FY 2024 outlook and FY 2025 revenue guidance are signs that it is benefitting from the ongoing localization in China's semiconductor industry. I expect ACM Research to exceed its FY 2025 revenue guidance due to Huawei's new AI chip and ByteDance's AI CapEx outlook. ACM Research presents an opportunity to invest in the growth of China's semiconductor industry without carrying the risk of owning Chinese stocks.
AECOM is rated a Strong Buy due to projected price increases, strong organic growth, a robust backlog, and rising margins. The company has shown consistent share price growth since mid-2020 and has a healthy financial position with low net leverage. AECOM's growth potential is bolstered by expanding markets and internal initiatives like the Water & Environment Advisory Services.
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AECOM (NYSE:ACM ) Q1 2025 Earnings Conference Call February 4, 2024 8:00 AM ET Company Participants Will Gabrielski - Senior Vice President, Finance, Treasury & Investor Relations Troy Rudd - Chief Executive Officer Lara Poloni - President Gaurav Kapoor - Chief Financial Officer & Chief Operations Officer Conference Call Participants Michael Feniger - Bank of America Andrew Kaplowitz - Citigroup Jamie Cook - Truist Securities Adam Bubes - Goldman Sachs Sangita Jain - KeyBanc Capital Markets Michael Dudas - Vertical Research Judah Aronovitz - UBS Operator Good morning, and welcome to the AECOM First Quarter 2025 Conference Call. I would like to inform all participants that this call is being recorded at the request of AECOM.
ACM's fiscal first-quarter results benefit from high-returning organic growth initiatives.
ACM Research is a high-growth semiconductor wafer fabrication equipment company benefiting from China's push for domestic semiconductor manufacturing self-sufficiency. ACMR's strategic importance and growth prospects in China remain strong, with potential to become a global WFE competitor. ACMR's valuation is significantly discounted compared to its peers, presenting a multi-bagger opportunity as it gains market share within China and expands its product portfolio.