Small-Cap Stocks to Buy: Camtek (CAMT)
Camtek LTD. (NASDAQ:CAMT) is an Israel-based company that specializes in the automated optical inspection (AOI) sector. In the tech world, you have the parts that go into a printed circuit board (PCB) — resistors, capacitors, semiconductors, etc. — and they determine how a computer or phone or even radio operates. They’re the superhighways of our technology.
But just as the roads need to be inspected and maintained, so do PCBs. If you sell tens of billions of mobile phones, you need to know that every one of those phones will operate as it’s supposed to when it ships.
CAMT sells the equipment and services to inspect the inner workings of all these products. And given the fact that more products are becoming “smart,” the demand is growing, not diminishing.
Earlier this month, CAMT released earnings for the first quarter and had the best quarter in its history. The stock is up 32% in the past month and there is plenty of headroom for more outsized growth.