- The stock had sunk way too far late last year, and booming business is now bringing it back up.
- The company is a main winner in the 3D sensing arena, which is only in the early innings as applications multiply and the tech moves beyond smartphones.
- The revenue ramp is producing a margin recovery, cash flow, and deleveraging as CapEx is also drastically reduced.
- We think the shares have considerable upside still but wonder about a possible acquisition of Osram.
ams AG Is In A Strong Recovery, We Feel Not All Is Priced In Yet
August 2nd, 2019 · No Comments