ADVANCED ENERGY INDUSTRIES (NASDAQ:AEIS) – A Strong Growth Candidate Meeting Minervini’s Criteria

ADVANCED ENERGY INDUSTRIES (NASDAQ:AEIS) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company, which specializes in precision power conversion products, demonstrates both technical strength and accelerating fundamentals, making it a potential candidate for growth-focused investors.

Technical Strength: Meeting Minervini’s Trend Template

AEIS satisfies key technical criteria outlined in Minervini’s strategy:

• Price Above Key Moving Averages: The stock trades at $139.11, well above its 50-day ($124.36), 150-day ($114.48), and 200-day ($113.42) moving averages, confirming a strong uptrend.
• Upward-Sloping Averages: Both the 150-day and 200-day MAs are rising, indicating sustained bullish momentum.
• Relative Strength: With a ChartMill Relative Strength (CRS) score of 90.92, AEIS outperforms 90% of the market.
• Proximity to 52-Week High: The stock is trading within 4% of its 52-week high ($144.54), a sign of strong momentum.
• Distance from 52-Week Low: At 85% above its 52-week low ($75.01), AEIS shows significant recovery and growth potential.

Fundamental Growth Drivers

Beyond technicals, AEIS exhibits strong earnings and revenue growth, key factors for high-growth investors:

• Earnings Growth: Quarterly EPS surged 112% year-over-year, with the past four quarters all beating estimates by an average of 13.1%.
• Revenue Growth: Sales increased 23.6% in the latest quarter, with three of the last four quarters exceeding revenue expectations.
• Upward Revisions: Analysts have raised next-year EPS estimates by 8.8% over the past three months, signaling confidence in future performance.
• Profit Margins: While margins have fluctuated, recent quarters show improvement, with the latest quarter at 6.1%.

Technical Report Summary

AEIS holds a strong Technical Rating of 9/10, reflecting its robust uptrend and market leadership. The stock is trading near its 52-week high, with consistent performance across short and long-term timeframes. While the Setup Rating is 6/10, indicating some volatility, the overall trend remains favorable.

For a deeper technical breakdown, review the full AEIS technical report.

Our High Growth Momentum + Trend Template screener lists more stocks with similar growth and technical strength, updated daily.

Disclaimer

This is not investment advice. The analysis highlights observations at the time of writing, but investors should conduct their own research before making decisions.