Technology
AEHR offers a compelling investment opportunity for sustained growth. Their earnings call highlighted outstanding performance, with $65 million in revenue, $17.3 million in non-GAAP profit, a 62% YoY growth, driven by demand for innovative wafer level test and burn-in systems. The thriving silicon carbide semiconductor sector for electric vehicles and photonics has contributed significantly. Singular's Buy rating stands with significant potential upside - $75 target price.
Edition: 168
- 01 September, 2023