VACNY - VAT Group Leveraging Healthy Memory Markets To Gain Even More Share
As semiconductor manufacturing processes become even more demanding, it’s helping the technology leaders to consolidate their markets even further, as the differences between “good” and “good enough” become unacceptably wide for the most demanding applications and as also-rans find it increasingly expensive to stay in the game (ongoing R&D demands). That’s good news for VAT Group (VACNY) (VACN.SW), as this Swiss company is a leader in critical vacuum valves and is benefitting from market volume growth and increasing share.
I was lukewarm on these shares in April, but only because of the valuation.