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GT Advanced Technologies (GTAT +14.4%) enjoys a bump from Meyer Burger's earnings release, which...

GT Advanced Technologies (GTAT +14.4%) enjoys a bump from Meyer Burger's earnings release, which said it expects demand for its solar equipment to rise substantially in 2013. That's good news for GTAT, which gets half its business from solar, Piper Jaffray says; the other half involves sapphire, which could get a boost if it gains use as a replacement for glass in mobile devices.
Comments (4)
  • where's mick flaherty ?
    , contributor
    Comments (83) | Send Message
     
    GTAT represents a rare opportunity at these levels.

     

    PE: 4.91 Upside Range through 12.79 Institution Owned 96 %
    Well capitalized.......Should report $ 1.35 after rare miss last quarter.
    16 Aug 2012, 04:05 PM Reply Like
  • mitchad1
    , contributor
    Comments (247) | Send Message
     
    Did not miss. Beat .06 estimate with .16 reported.
    16 Aug 2012, 07:51 PM Reply Like
  • Zach Tripp
    , contributor
    Comments (390) | Send Message
     
    GTAT is a true investment. If you believe in the company and the long-term need for very efficient capital equipment GTAT is great play. It will be cyclic by definition. Applications for their technology could expand in the future. I added to my position under $5/share. If momentum continues today, I may add a little more.

     

    LONG: GTAT
    17 Aug 2012, 07:38 AM Reply Like
  • ALincoln
    , contributor
    Comments (5) | Send Message
     
    Breathing easier. I've never sold, but I bought close to $13/share. If momentum continues, my family can go back to 3 meals a day.
    17 Aug 2012, 11:16 AM Reply Like
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