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This Under-the-Radar Chip Stock Is Up 350% This Year. Here's Why It Could Go Even Higher.

This Under-the-Radar Chip Stock Is Up 350% This Year. Here's Why It Could Go Even Higher.

If you're like most investors, you probably haven't heard of ACM Research (NASDAQ: ACMR). The company makes single-wafer wet cleaning equipment for semiconductor manufacturers, and it's one of the best-performing under-the-radar stocks this year. Revenue jumped 44.1% to $107.5 million last year, and the stock trades at a reasonable price-to-sale ratio of 15.