American Semiconductor (AMSC) Up 79.3% YTD: Should You Buy the Stock?
American Superconductor (AMSC) ZACKS·2024-08-24 02:16
American Superconductor (AMSC) has shown impressive resilience and growth so far this year, with its stock price climbing 79.3% year to date. This stellar performance underscores investors' confidence in the company's strong fundamentals.AMSC's gain has outpaced the industry, the Zacks Computer & Technology sector and the S&P 500 index’s rise of 7.5%, 22.7% and 17.9% over the same period.The company is riding on its strong positioning in alternative energy. The solid uptake of its grid interconnection solut ...