ACMR - Rising Risks For ACM Research Even Though It Continues To Grow Rapidly
- ACM Research raised its outlook, with 2020 revenue expected to grow by about 40% after another quarter with double-digit growth.
- The company continues to benefit from demand in China, but there are concerns about its high exposure to companies from China.
- Recent actions by the U.S. have shown those concerns are not without merit, seriously jeopardizing the bull case for the company.
- ACM Research warrants a long position in some ways, but the threat of having it all taken away by U.S. sanctions makes going long a dicey move.
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Rising Risks For ACM Research Even Though It Continues To Grow Rapidly