Aeis

[Lucavia123]

Beat on earnings. Raised guidance above estimates.

Down 12%.... close to 50 DMA.

Perhaps this drop is a little over done????

[billyjoe]

Sure seems a good buy with this unwarranted drop.

-------------billy

[billyjoe]

Thanks, Lucavia. I just bought at 85.87. AEIS is seriously oversold with a 5 dma of 91.19. Fundamentals are great.

--------------billy

[wifwif]

Also thanks, Lucavia. I liked AEIS for a longer time. I will try to pick some stocks with a deep limit of 84.55, but I think this will be too deep...

wifwif

[wifwif]

Much too much to my surprise I was able to catch some stocks at session end just below 84.5.

[wifwif]

Anyone still interested in AEIS?

After Q4 earnings:

https://finance.yahoo.com/news/advanced-energy-announces-fourth-quarter-210500175.html

AEIS with acquisition of Trek:

https://finance.yahoo.com/news/advanced-energy-acquires-high-voltage-133000196.html

[billyjoe]

wifwif, I still like AEIS and think it's undervalued by at least $20. It compares well with peers. LRCX also undervalued.

---------------billy

[wifwif]

Thank you billyjoe. I wasn't sure if I'm on the wrong track...