ASML - Strong Order Growth Seems To Be Shielding VAT Group From The Worst Of Covid-19
This is a good time to sell mission-critical equipment and components for the semiconductor industry, as semiconductor companies continue to order equipment for both logic and memory chip production. Swiss VAT Group (OTCPK:VACNY) (VACN.S), a leading manufacturer of customized control, transfer, and gate valves has seen some impact from Covid-19, but orders remain very strong and management continues to expect growth in 2020 relative to 2019.
Like ASML (ASML), VAT Group swooned in the March panic selling, but has come back strong with a roughly 50% recovery. Healthy double-digit revenue and