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We told you on November 5 last year that the shares of ams AG (AMSSY) had been punished too much. In fact, we are kicking ourselves for not having followed our own advice and take a position in the stock, and indeed:
The shares staged a noted recovery despite missing their Q4 expectations by quite a bit. Management argued (Q4CC):
We have seen a more difficult year 2018 than we had originally anticipated and especially towards the end... Now 2019 is starting out on an unfavorable note as well as we see the