ASYS - Amtech Systems

For the third best performer in its industry in terms of Quarterly YoY Revenue growth, I think a P/E of 15 is conservative, which implies a PPS of just over $34 on TTM fully diluted earnings of $2.29/share.

Revenue growth is King in this industry and ASYS is kicking arse in that respect. The top semi/solar equipment manufacturers regularly trade at 30+ times earnings. Hell, you're a laggard in this industry if you're trading with a P/E less than 20.

I tend to err on the side of caution, so I'll stick with my conservative $34 price target at 15x earnings. I think now with four solid quarters of major profitability behind us, we'll get noticed by more analysts and priced accordingly.

doubling and tripling down after a couple major dips paid off here. Still highly undervalued IMO, PEG of around .40, that is if they can continue to project and achieve this type of growth. Thanks RSBR, for introducing this great company to me. Up another 5.8% after hours...

(i think it was you)

Bought everything I could around $20 on the feeling they would have an earnings blowout. They did not disappoint! Yea, I think this ASYS is moving to $30 and has a realistic chance of topping $34 unless some macroeconomic B.S. kills our momentum. I plan on unloading small positions starting at $25.

Will this summer be crappy?

Crystal ball says, "No"?

Depends on the sector/stocks IMO. Commodity markets will be volatile through the summer and propably going into the 3rd quarter. Many of us are trying to find areas outside commodities that are minimally affected by oil ect. ASYS fit the bill in my book but do your own DD!

What gives? The fall due to hp?