Don Lato
NCI Inc
NCIT-Q
PAST TOP PICK
Dec 08, 2010
(A Top Pick Dec 9/09. Down 10.28%.) IT specialist servicing US government. Bogged down a little by delays in funding, particularly defense projects. Also got some new business where they had to spend money on infrastructure. Expecting 18%-19% earnings growth in 2011. Trading at only 12X earnings. Just announced a $25 million buy back.
Information technology. Primary client is the US government, particularly the U.S. Army. Also involved in cyber security, which should be a growing facet of the business. Huge backlog. Trading at 15X earnings.