Top 5 Tech Companies To Watch In Right Now: Ultratech Inc.(UTEK)
Ultratech, Inc. develops, manufactures, and markets photolithography and laser thermal processing equipment. It supplies step-and-repeat photolithography systems based on one-to-one imaging technology to semiconductor device manufacturers for applications involving line geometries of 0.75 microns or greater and to nanotechnology manufacturers. The company?s steppers are also used to manufacture semiconductors that are used in various applications, such as telecommunications, automotive control systems, power systems, and consumer electronics. It also supplies 1X photolithography systems to thin film head manufacturers; and offers LSA100, a laser-based thermal annealing tool used by the semiconductor industry for various process steps, including activation of implanted impurities, dielectric film formation, formation of silicides, and stabilization of copper grain structures. Ultratech, Inc. sells its systems to semiconductor, advanced packaging, high-brightness light emit ting diodes, thin film head, and various other nanotechnology manufacturers in North America, Europe, and Asia. The company was founded in 1979 and is headquartered in San Jose, California.
Advisors' Opinion:- [By Evan Niu, CFA]
What: Shares of Ultratech (NASDAQ: UTEK ) got ultra crushed today, down by 18% at the low, following a first-quarter earnings release that didn't meet expectations.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/top-5-tech-companies-to-watch-in-right-now.html
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