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AAPL - ams AG Is In A Strong Recovery We Feel Not All Is Priced In Yet
Apple Inc.
In November last year, we argued that the shares of ams AG (AMSSY) were punished way too much, and the recovery since is indeed pretty spectacular:
What's more, we don't think it's done as the company is booming on the back of its consumer business where it has two products that are selling like hotcakes and are seriously ramping.
That ramp not only boosts revenue, it also has additional advantages like a much higher capacity utilization in manufacturing, which (together with cost cutting) is boosting margins.