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Barchart
Barchart
Ruchi Gupta

Scoop Up This Russell 2000 Stock for 22% Upside Potential

Advanced Energy Industries (AEIS) is a global leader in power conversion. Incorporated in 1981, the Denver-based company provides power conversion, measurement, and control solutions for semiconductor and thin-film plasma processes. Additionally, AEIS offers high- and low-voltage power products that can be used in a range of applications, including hyperscale data centers, with direct and indirect sales operations across North America, Europe, and Asia.

Valued at $4.02 billion, AEIS is a component of the small-cap benchmark Russell 2000 Index (RUT), as well as the S&P SmallCap 600 ($IQY).

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