Opinions Duncan Stewart
RuggedCom Inc.RCM.TOTOP PICKDec 30, 2008
Governments will be spending a lot of money on infrastructure. Single biggest problem with global infrastructure is electrical grids. Most technology used in substations and across transmission and distribution, dates from the 1940's. This company makes high-end networking gear. They have 60% market share.
$12.70
Stock price when the opinion was issued
electricalelectronic
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
BUY
Utility has been a pretty boring business but is now going through a massive transformation. This is one of the few ways to get leverage to this. Management are all GE guys.
Ian AinsworthOwned
electricalelectronic
PAST TOP PICK
(A Top Pick April 7/10. Down 12.65%.) Released a quarter that was disappointing versus expectations. Still likes.
Lesley MarksOwned
electricalelectronic
BUY
Beaten down from its high because some orders didn’t come through. Ruggedized networking and metering products for hydro grids, which will be in demand more and more with multiple sources of energy going into the grid. Be prepared for some shocks. He likes the management.
Ian AinsworthOwned
electricalelectronic
TOP PICK
Q2 wasn't great from a growth perspective but Q3 was very strong. Now looking for a resumption in growth and then big profitability.
Lesley MarksOwned
electricalelectronic
PAST TOP PICK
COMMENT
Their product is one of the market leaders. Unfortunately it is chunky revenue. Came out with 8 or 9 great quarters in a row and a couple that were not so hot, largely because of the Cdn$. Half decent price right now. Cash is fine and backlog is increasing.
Peter HodsonOwned
electricalelectronic
COMMENT
Manufacture communication hardware for work in power areas where there is electrical interference. Making fantastic margins. Future is extremely positive.
Peter HofstraOwned
electricalelectronic
TOP PICK
Niche market in making communication gear that works in power substations.
Peter HofstraOwned
electricalelectronic
BUY
Part of the Smart grid and are closer to transformers. Most transformers are about 30 years old and need to be replaced. Electrical utilities are a very reliable client base. Infrastructure play. No visible backlog is a problem. Expecting a 19% earnings growth. Ranks well in his models.
electricalelectronic
