Opinions
Jim Cramer - Mad Money
Aehr Test Systems
AEHR-Q
DON'T BUY
Oct 25, 2023
$31.140
Stock price when the opinion was issued
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Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
AEHR gets plenty of its sales from the EV market and demand there has been slowing, which the company has identified in its recent earnings report. AEHR lowered its guidance in its Q2 report which is part of the reason for the large pull back in share prices. The lowered guidance and forecasted demand drop would be the main reason for the decline.
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Good, but an expensive stock, which is not good in this market of high rates.