Small-Cap Tech Stocks to Buy: Advanced Energy (AEIS)
Advanced Energy Industries, Inc. (NASDAQ:AEIS) is a good example in the recovery of the tech manufacturing sector. Since 1981, it has supplied power control and management systems and technologies to industries around the world.
What does this mean? Say you run a semiconductor manufacturing plant. You need to make sure your power supplies are “Five Nines” (99.999%) reliable every day you are operational. AEIS would be the company you go to to make sure your power consumption and supplies are efficient, effective and most important, reliable.
The fact that the stock has climbed 110% in the past 12 months is a very good indicator that its clients are growing their businesses again and looking to AEIS to help make that happen.