AI Stocks Are Wildly Expensive

Published first at https://www.3minutebreakdowns.com AXT, a company that makes chemical substrates that go into semiconductors is up 7000% over the past year. Bel fuse which makes power transformers, circuits and cables is up 278%. Modine which makes data centre cooling systems is up 200%. And Comfort Systems, a business that provides electricians, plumbers and mechanical engineers is up 290%. Some companies have gone up simply because they sound like they could be future AI winners. IQE, a tiny semiconductor company out of Wales is up 800% despite reporting a 17% revenue decline and a 30 million operating loss. And XFAB stock jumped 78% this week after a tenuous social media post went viral. ABOUT ME Joe is the original founder of 3-minute Breakdowns and editor for Overlooked Alpha, the number one newsletter for overlooked investing ideas and stock market analysis. Joe evaluates companies from a business-first perspective, searching for things that the market has got wrong and waiting for the 'fat pitch'. LINKS My website: https://www.3minutebreakdowns.com/ Koyfin charts: https://www.koyfin.com/affiliate/overlooked-alpha/?via=3mb TikTok: https://www.tiktok.com/@overlookedalpha X: https://x.com/OverlookedAlpha DISCLAIMER & DISCLOSURE This content is for educational and entertainment purposes only. 3-Minute Breakdowns is not a registered investment advisor and does not provide financial recommendations (only opinions). The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. The author reserves the right to buy and sell or change his position in a particular stock at any time. This description contains affiliate links that allow you to find the items that I personally use and recommend. Thank you for your support.