A Trio of Tech Stocks for Growth-Focused Investors - Stockxpo - Grow more with Investors, Traders, Analyst and Research

A Trio of Tech Stocks for Growth-Focused Investors

The following tech stocks saw their quarterly revenue and net income improve significantly on a year-over-year basis, attracting the interest of growth-focused investors. Furthermore, sell-side analysts on Wall Street have issued positive recommendation ratings for these companies, which suggests they expect better market valuations as time proceeds.

ACM Research

The first stock that meets the criteria is ACM Research Inc. (

ACMR, Financial), a Fremont, California-based manufacturer of single-wafer wet cleaning equipment that is used in the manufacturing of integrated chips worldwide.

ACM Research saw its quarterly revenue increase by more than 40% year over year to $67 million as of the September 2021 quarter. The quarterly revenue was $47.665 million in the prior-year quarter.

The company recorded a net income of $10.155 million for the quarter, growing by nearly 18% from the net income of $8.627 million for the prior-year quarter.

The stock was trading at $96.2 per share at close on Nov. 19 following a nearly 30% jump over the past year for a market capitalization of $1.88 billion and a 52-week range of $60.84 to $144.8065.

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ACM Research does not pay dividends.

GuruFocus assigned a score of 7 out of 10 to the company’s financial strength and 6 out of 10 to its profitability.

On Wall Street, the stock has a median recommendation rating of buy and an average target price of $136.60 per share.

PDF Solutions

The second stock that makes the cut is PDF Solutions Inc. (

PDFS, Financial), a Santa Clara, California-based provider of proprietary software and physical intellectual property products for the designing of integrated circuits and electrical measurement equipment. These products are sold to integrated device and equipment manufacturers, semiconductor companies, suppliers of electronics manufacturing services and original device manufacturers. The clients of the company are located mainly in the United States, China and Taiwan.

PDF Solutions saw its quarterly revenue increase by nearly 28% year over year to about $29.555 million as of the third quarter, up from $23.112 million in the prior-year quarter.

The company recorded a net loss of approximately $2.407 million for the quarter, but this marked an improvement when compared to the net loss of $2.734 million for the prior-year quarter.

The stock was trading at $32.82 per share at close on Nov. 19 following a 49% rise that occurred over the past year, determining a market capitalization of $1.23 billion and a 52-week range of $16.44 to $33.78.

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PDF Solutions does not pay dividends.

GuruFocus assigned a score of 7 out of 10 to the company’s financial strength and 5 out of 10 to its profitability.

On Wall Street, the stock holds a median recommendation rating of buy with an average target price of about $34.25 per share.

Silicom

The third company that qualifies is Silicom Ltd. (

SILC, Financial), a Kfar Saba, Israel-based provider of networking and data infrastructure solutions for various servers, server-based systems and communications devices in U.S., Canada and internationally.

Silicom recorded revenue of $32.878 million for the third quarter. This represented a nearly 41% increase from $23.385 million recorded in the same quarter of 2020.

The net income was $2.618 million, representing an improvement from the net income of $2.087 million reported in the prior-year quarter.

The stock was trading at around $44.81 per share at close on Nov. 19 after it increased by nearly 19% over the prior 52 weeks, determining a market capitalization of $308.37 million and a 52-week range of $36.02 to $59.27.

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Currently, Silicom does not pay dividends.

GuruFocus assigned a score of 8 out of 10 to the company’s financial strength and of 7 out of 10 to its profitability.

On Wall Street, the stock has a recommendation rating of buy with a target price of $57 per share.

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