Why This Under-the-Radar Stock Is a Hidden Buy in Today's Stock Market
Investors continue to look for undiscovered stocks that can lead to outsized gains as they grow more popular. In the tech world, Axcelis Technologies (NASDAQ: ACLS) could become such a stock.
Despite receiving little attention, Axcelis plays a crucial function in the manufacturing process. And at a market cap of around $825 million, this semiconductor stock remains relatively small. However, it has become profitable and placed itself on track for massive growth. Given its size and predicted trajectory, it could move much higher as its profile rises.
Axcelis does not actually make or sell semiconductor chips. Instead, it designs, manufactures, and helps maintain ion implementation equipment. This includes current and energy implanters, as well as the curing systems used in the fabrication of semiconductor chips.
Source Fool.com
