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Advanced Energy Industries Still Offers Plenty Of Upside

Since reaching its 2014 high of $28.88 in February, shares of Advanced Energy Industries (NASDAQ:AEIS) have plummeted by as much as 41%, just barely making a new 52-week low this month at $16.75. Although the stock has since rebounded by 18% to around $19 per share, Advanced Energy is still down 32% from its 52-week high. And investors have begun to wonder if this company has lost its power source. But that's nothing more than an overreaction to short-term headwinds.

It's an Industry-Wide Issue

Advanced Energy has demonstrated a track record of delivering growth. From August of 2012 until this recent pullback, the company's value had grown over 133%. This has occurred even amid complaints from analysts that...

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