Advanced Energy (AEIS) Soars 7.6%: Is Further Upside Left in the Stock?
Advanced Energy Industries (AEIS) shares soared 7.6% in the last trading session to close at $169.75. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 6.8% gain over the past four weeks.Advanced Energy is benefiting from higher demand in the semiconductor and data center computing markets. Growth in the semiconductor market is driven by strong customer demand for EVOS, eVerest, and NavX products.This maker of power-conversion prod ...