Ultratech, Inc. (NASDAQ:UTEK)

CAPS Rating: No stars

The Company develops, manufactures and markets photolithography and laser processing equipment designed to reduce the cost of ownership for manufacturers of integrated circuits.

UTEK News and Commentary

Caps

How do you think UTEK will perform against the market?

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All Players

113 Outperform
105 Underperform
 

All-Star Players

18 Outperform
19 Underperform
 

Wall Street

3 Outperform
1 Underperform
 

Top UTEK Bull/Bear Pitches

The best Bull and Bear pitches based on recency and number of recommendations.

MKArch (99.79)
Submitted June 02, 2013

Niche semiconductor equipment company with advanced technology that reminds me a lot of an old favorite TMF H.G. Formfactor (FORM). One of the lessons I learned from following FORM is that no matter how much I read up on these companies I'll never be… More

drborst (< 20)
Submitted December 22, 2009

This is part of a tech run up that lost site of valuations.UTEK has two products. Advanced Packaging Lithography and Laser Spike Anneal. Most outperform picks likely look at LSA as the growth side and packaging as vunerable to competition. But I… More

UTEK VS S&P 500 (SPY)

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Recent Community Commentary

Read the most recent pitches from players about UTEK.

Recs

1
Member Avatar MKArch (99.79) Submitted: 6/2/2013 8:51:53 AM : Outperform Start Price: $36.75 UTEK Score: -74.07

Niche semiconductor equipment company with advanced technology that reminds me a lot of an old favorite TMF H.G. Formfactor (FORM). One of the lessons I learned from following FORM is that no matter how much I read up on these companies I'll never be an expert so I'll try to keep my pitch free from too much technical jargon. There is a process in the manufacture of semiconductors called annealing that takes place at the nanometer level that the traditional tools are starting to reach their limits. Ultratech has a process called Laser Spike Annealing (LSA) that can handle the smaller nodes the industry needs to get to in order to keep adding more stuff to chips to make them more complex (Moore's Law). I picked on UTEK from M* and they put UTEK at 60%-65% share in LSA, Dainippon at 20%-25% share and AMAT at 10%-15%. Right now the technology is gaining traction in the logic chip segment but M* believes it will eventually be adopted in the larger memory segment which could result in something like a 10X increase in addressable market.

Currently the chip industry is facing a dilemma, there are two competing architectures 2-D and 3-D. 3-D is more advanced but facing some technical problems and thus chip makers have held off on committing to equipment purchases until they decide on a direction. This caused Ultratech's stock to plummet when management reported sales growth would suffer in 2013 because of this indecision on their customers parts. The stock has bounced back a bit recently as management clarified that they expected shipments to pick up again at the end of the year. Unfortunately for me I didn't pick up on this opportunity before the bounce back but at 18X earnings this one still looks cheap to me. At a $1B market cap it also looks like a buy out candidate for the industry behemoth AMAT.

On the downside, one of the lessons I learned from my investment in FORM is that I'm never going to fully understand this industry and when you invest in a niche bleeding edge technology company, you can get blind sided pretty quickly. I plan on buying some for my real portfolio as well but I'm keeping it small.

Recs

0
Member Avatar JonBarleycorn (70.15) Submitted: 11/28/2012 8:11:20 PM : Underperform Start Price: $32.90 UTEK Score: +88.49

Poor All Star outperform fraction with divergence (1.57).

Recs

0
Member Avatar audr (30.19) Submitted: 4/5/2011 5:41:50 PM : Underperform Start Price: $10.57 UTEK Score: -91.58

Can you spell bubble !

Leaderboard

Find the members with the highest scoring picks in UTEK.

Score Leader

tazed

tazed (28.57) Score: +231.62

The Score Leader is the player with the highest score across all their picks in UTEK.

Top
Pick
Member Name Member
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
Index
Gain
Score Commentary
burnzem 95.89 3/12/2008 Outperform 3Y $9.33 +224.01% +100.77% +123.24 0 Comment
moneyfirst 66.86 3/12/2008 Outperform 3W $9.33 +224.01% +100.99% +123.02 0 Comment
patman1770 64.92 3/27/2008 Outperform NS $9.61 +214.57% +97.91% +116.66 0 Comment
wardogg14x < 20 3/13/2008 Outperform NS $9.49 +218.55% +101.90% +116.64 0 Comment
CPOUCH1394 68.57 3/25/2008 Outperform 3Y $9.65 +213.26% +96.95% +116.32 0 Comment
yamarx < 20 1/17/2008 Outperform 5Y $10.04 +201.10% +99.84% +101.25 0 Comment
osucowboys344 27.79 6/2/2011 Underperform 5Y $30.60 -1.21% +94.08% +95.29 0 Comment
jredus 78.89 1/28/2013 Underperform 3Y $39.62 -23.70% +70.41% +94.11 0 Comment
alannalilly 87.34 4/7/2008 Outperform NS $10.61 +184.92% +92.58% +92.34 0 Comment
travelhistory < 20 4/4/2008 Outperform 5Y $10.66 +183.58% +93.20% +90.38 0 Comment

Wall Street

See what the Wall Street professionals think, according to their public statements and filings.

Player Name Player
Rating
Start
Date
Call Time
Frame
Start
Price
Stock
Gain
S&P
Gain
Score End Date Commentary
TrackImperialCap 22.68 9/16/2014 Outperform NS $24.65 +22.65% +28.95% -6.30 0 Comment
TrackBofASec 96.23 7/8/2014 Outperform NS $24.12 +25.33% +29.91% -4.57 0 Comment
TrackDADavidson 94.79 6/10/2013 Underperform NS $36.17 -16.42% +54.93% +71.35 0 Comment
TrackCanaccord 42.53 5/8/2012 Outperform NS $30.59 -16.70% +27.94% -44.65 10/21/2013 @ $25.48 0 Comment
TrackDADavidson 94.79 10/7/2009 Outperform NS $14.45 +119.72% +36.94% +82.78 9/7/2012 @ $31.75 0 Comment
TrackJPMorgan 90.53 7/25/2008 Underperform NS $14.31 +2.80% -5.59% -8.38 4/30/2010 @ $14.71 0 Comment
TrackBreanMurray 75.28 4/18/2008 Outperform NS $12.70 +138.03% +91.76% +46.27 0 Comment
TrackDADavidson 94.79 1/30/2008 Outperform NS $11.25 +26.84% -8.14% +34.98 7/7/2008 @ $14.27 0 Comment

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