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

September 11, 2013

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.