• The share price are off by almost two-thirds from their peak earlier in the year on disappointing growth and gross margin compression.
• But new design wins in the Android space should allay fears and we think the worst case scenario which is priced in isn’t going to materialize.
• The company is still on track on meeting its 60% CAGR target and company’s finances are set to improve considerably.
• So we think the shares are attractively priced here.

Source: AMS AG Has Been Punished Too Much – AMS AG ADR (OTCMKTS:AMSSY) | Seeking Alpha