Next would be FormFactor (Nasdaq, FORM) (NASDAQ:FORM), which is a leading provider of the probe cards used to test semiconductor chips and wafers. It first drew our attention about six years ago as a potential turnaround.
When the small-cap market was nearing a low point in February 2016, FormFactor combined with Cascade Microtech, which gave the new company complementary market leadership positions in semiconductor test, measurement, and characterization applications. Along with buildout-driven demand, the increased addressable market has keyed earnings improvement. We began to sell shares in 2017's first quarter.
From Bill Hench's Top Tech Stocks Picks.
