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Analysts’ Top Industrial Goods Picks: American Superconductor (AMSC), ACM Research (ACMR)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on American Superconductor (AMSCResearch Report) and ACM Research (ACMRResearch Report) with bullish sentiments.

American Superconductor (AMSC)

Craig-Hallum analyst Eric Stine maintained a Buy rating on American Superconductor today. The company’s shares closed last Tuesday at $3.96.

According to TipRanks.com, Stine is a 5-star analyst with an average return of 17.9% and a 41.2% success rate. Stine covers the Industrial Goods sector, focusing on stocks such as Westport Fuel Systems, Chart Industries, and Broadwind Energy.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for American Superconductor with a $13.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

ACM Research (ACMR)

Craig-Hallum analyst Christian Schwab maintained a Buy rating on ACM Research today. The company’s shares closed last Tuesday at $9.61.

According to TipRanks.com, Schwab is a 5-star analyst with an average return of 15.5% and a 52.7% success rate. Schwab covers the Technology sector, focusing on stocks such as NEXTracker, Inc. Class A, Advanced Micro Devices, and Aehr Test Systems.

ACM Research has an analyst consensus of Strong Buy, with a price target consensus of $17.10, which is a 68.8% upside from current levels. In a report released today, Benchmark Co. also maintained a Buy rating on the stock with a $32.00 price target.

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