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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Axcelis Technologies Joins Rank Of Stocks With 95-Plus Composite Rating

The IBD SmartSelect Composite Rating for Axcelis Technologies increased from 93 to 97 Friday.

The upgrade means the stock is now outpacing 97% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Axcelis Technologies is currently forming a cup without handle, with an 83.49 entry. See if the stock can break out in volume at least 40% above average.

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The stock earns a 96 EPS Rating, which means its recent quarterly and longer-term annual earnings growth is outpacing 96% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q3, the company reported 49% earnings-per-share growth. Revenue growth fell to 30%, down from 50% in the previous quarter.

Axcelis Technologies holds the No. 1 rank among its peers in the Electronics-Semiconductor Equipment industry group. Aehr Test Systems and Advanced Energy Inds are also among the group's highest-rated stocks.

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