If you are looking for stocks that are well positioned to maintain their recent uptrend, American Superconductor (AMSC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Wall Street actually largely ignores and tremendously underestimates great stocks fairly frequently. And the phenomenon has become even more widespread than usual over the past few years.
American Superconductor Corporation (NASDAQ:AMSC ) Q4 2023 Earnings Conference Call May 30, 2024 10:00 AM ET Company Participants John Kosiba - CFO, SVP & Treasurer Daniel McGahn - Chairman, President & CEO John Heilshorn - IR, LHA Conference Call Participants Eric Stine - Craig-Hallum Colin Rusch - Oppenheimer Justin Clare - ROTH MKM Partners Operator Good morning, and welcome to the AMSC Fourth Quarter Fiscal 2023 Financial Results Conference Call. All participants will be in listen-only mode.
American Superconductor (AMSC) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of a loss of $0.03 per share. This compares to loss of $0.28 per share a year ago.
Tariffs are going up on clean energy imports from solar cells to EVs. Artificial intelligence will increase the demand for electricity from the grid, which could cause tailwinds for clean energy.