Is Camtek a Winner in the Semiconductor Equipment Industry?

Published 06/11/2021, 11:30 AM
Updated 06/11/2021, 12:30 PM
© Reuters.  Is Camtek a Winner in the Semiconductor Equipment Industry?
CAMT
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Camtek (NASDAQ:CAMT) is an integral part of the semiconductor industry as it makes equipment for inspecting production processes. The stock has been a big gainer over the past month as new investments in semiconductor capacity are being made. Patrick Ryan breaks down whether the stock remains a buy.Camtek Limited (CAMT) designs, makes, and markets automated systems for optical inspection. CAMT’s inspection systems are helpful in the context of improving production processes as well as yield for businesses that make printed circuit boards, those in the high-density substrate sector, and those that make and package semiconductors.

&nbsp Rewind time merely one month ago and CAMT was trading at $30. The stock is now trading around $40. This means CAMT is up more than 34% in a single month. CAMT's year-to-date performance is even better. The stock was trading around $22 at this time last year. CAMT has gradually increased throughout the prior 12 months. Though the stock dipped back down to the mid-$20s in May, it bounced right back, moving up to the high $30s within weeks.

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