MEMC Electronic Materials, Inc. (NYSE:WFR)
CAPS Rating:
The Company is a worldwide producer of wafers for the semiconductor industry.
The Company is a worldwide producer of wafers for the semiconductor industry.
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Recs
This company wouldn't be a terrible prospect on its own. I would look for this company to be purchased within a year, due to it's potential under circumstances of better management. This company on its own will grow, likely better then most of the companies in the dieing semiconductor industry. Their wafer technology is perfect and their balance sheet shows an effort to recover. They invested a large sum of money into research recently, so I will speculate they are finishing up a new product and trying to push it into the market sooner.