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This Under-the-Radar Chip Stock Is Up 350% This Year. Here's Why it Could Go Even Higher.


If you're like most investors, you probably haven't heard of ACM Research (NASDAQ: ACMR).

The company makes single-wafer wet cleaning equipment for semiconductor manufacturers, and it's one of the best-performing under-the-radar stocks this year. The stock has surged 352% year-to-date, and is up a whopping 1,390% since its 2017 IPO. Still, this stock is only covered by a handful of Wall Street analysts and gets almost no press in the financial media. Aside from its stellar returns, there are a number of other reasons you may want to take a closer look at this semiconductor juggernaut.

Image source: Getty Images.

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Source Fool.com

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