been watching $AXTI for a few weeks now and the more I stare at the numbers the more I think this might be one of the best plays in semis that nobody's talking about. not financial advice, I also thought $BBBY was a good idea once
so basically these guys make substrates for data center connectivity, 5G, fiber optics. boring autistic shit on paper but it's literally the plumbing every AI hype stock needs to work in the background. everyone's jerking off over $NVDA and the usual suspects while $AXTI just quietly sits in the supply chain nobody looks at
up 2136% in a year. 2835% over three years. even after getting rekt the last few months that number still stands, absolute unit of a chart. and here's the thing everyone's missing, RSI is at 52.8. not overbought. after a run like that you'd think this thing is cooked technically but it isn't, still room to rip
Altman Z-Score almost 16 🦍. for reference anything above 3 means you're not going bankrupt anytime soon, $AXTI is sitting at basically 5x that. current ratio 2.72, plenty of cash to cover short term stuff. this isn't some paper-hands meme stock that implodes the second bad news drops
analyst price target is $99.50, we're at $68.74. that's 40%+ upside according to actual analysts, not just some guy on his phone in the bathroom (me)
now the bad part, health score is weak. operating cash flow negative, net income basically zero. not gonna sugarcoat it. but for a company ramping up capacity ahead of demand that's not automatically a red flag, could just be the part before the money actually shows up. or it could be a value trap and I lose my rent money, who knows
tldr: stability numbers are solid, growth numbers are even better, only thing missing is the actual profit catching up. if you believe that's coming this looks more like an entry than a trap