Axcelis Technologies, Inc. (ACLS): A Bull Case Theory

We came across a bullish thesis on Axcelis Technologies, Inc. (ACLS) on Mason’s Substack by Mason. In this article, we will summarize the bulls’ thesis on ACLS. ACLS Foods, Inc.'s share was trading at $100.15 as of October 9^th. ACLS’s trailing and forward P/E were 13.79 and 13.89 respectively according to Yahoo Finance.

[caption id="attachment_1217862" align="aligncenter" width="768"] An engineer in a lab coat examining a state-of-the-art semiconductor chip.[/caption]

Axcelis Technologies is a prominent capital equipment manufacturer within the semiconductor industry,...