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American Superconductor Corp. (NASDAQ:AMSC) is one of the 10 Stocks With Double-, Triple-Digit Returns.

Shares of American Superconductor rallied by 24.57 percent week-on-week, as investors loaded portfolios in stocks seen to benefit from the surging power demand.

With the continued growth of artificial intelligence, the need for a reliable and stable energy service has become more crucial for data center and semiconductor industries, sparking rosy prospects for American Superconductor Corp. (NASDAQ:AMSC) and its counterparts in the power solutions sector.

For illustration purposes only. Photo by Snapwire on Pexels

American Superconductor Corp. (NASDAQ:AMSC) is a leading power solutions provider for energy, industrial, and military sectors. It designs and manufactures high-temperature superconductor wires, power electronics, and software-based control systems to enhance grid efficiency.

For the fourth quarter of fiscal year 2025 ending March, American Superconductor Corp. (NASDAQ:AMSC) is targeting to more than double its net income to over $3 million from $1.2 million posted in the same period last year.

Revenues are projected to jump by 20 percent to $80 million from $66.7 million year-on-year.

Based on its historical reporting dates, the company is expected to release official results in the last week of May 2026.

Last quarter, ending December 2025, American Superconductor Corp. (NASDAQ:AMSC) saw its revenues increase by 21 percent to $74.5 million from $61.4 million. Net profit soared by 4,612 percent to $117.8 million from $2.5 million, thanks to a one-off tax benefit of $113.1 million from the valuation allowance on a deferred tax asset.

While we acknowledge the potential of AMSC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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