Rubicon, GT Advanced to benefit from higher sapphire prices, says Canaccord

theflyonthewall.com

After Apple (AAPL) announced that its iPhone 5C would include a sapphire fingerprint sensor, Canaccord expects sapphire prices to rise further, benefiting material supplier Rubicon (RBCN) and equipment supplier GT Advanced Technology (GTAT) The firm keeps Buy ratings on both stocks.

View Comments (1)