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TSE:SW

Sierra Wireless (SW.TO)

41.01
-0.31 (0.75%)
as of Jan 16, 2023, 8:29:17 pm Market Open.
24 watching
0
HOLD
(Market Call Minute.) Really likes this one and it has had a great move. Last year's European acquisition looks really good. Sector is growing and they're well positioned but stock is already had a good move.
BUY ON WEAKNESS
(Market Call Minute.) Chart shows higher lows and he likes the space. If it came back to $7 he would buy.
PAST TOP PICK
(A Top Pick July 14/08. Down 52.51%.) Has a lot of cash.
PAST TOP PICK
(A Top Pick March 6/08. Down %.) Trading below net cash of $5 they have. Market is indicating it is worthless even though they are generating a profit. They are getting more competition. He continues to hold but not buying more.
DON'T BUY
Roughly in the third bottom of his database. While they have a lot of cash, there is increasing competition from China. Analysts have chopped earnings estimates by 80%. Earnings are expected to go from $1.56 to $.22.
DON'T BUY
Great company with good technology. However, the business of providing connectivity to wireless networks is a terrible business to be in. A lot of competition. Thinks 2009 will be a tough year for them.
TOP PICK
Trading at under 10X earnings. Sitting on net cash on the balance sheet of around $4 a share. Very cheap. Have beaten expectations 5 quarters running. Modems and built-in equipment are selling.
SELL
Makes PCMCI cards, basically 3G cards for laptops that people use when they sign up for any of the carriers that 3G services. A really limited market as most people don’t care enough to spend the extra. Look for a good exit point.
BUY ON WEAKNESS
Ranks about halfway in his model. Earnings expected to grow 21%. A 12 PE. On the surface it appears attractive and are introducing some new products. Look for a pull back in the market.
BUY
Essentially do wireless modems for laptops. Probably has the most volatility in the Canadian market in terms of stock price and earnings. Competition is growing. Had great results in the recent quarter. Not expensive. Treat it as a trading stock, i.e. on a short-term basis.
BUY
(Market Call Minute.) Cheap.
TOP PICK
Really kicking butt in the market. Have cards that make the conductivity for laptops to run through cellular networks. Hitting the product cycle right, but even better is their main competitor Novatel Wireless (NVTL-Q) has missed their product cycle. Had a 50% run in the last couple of weeks, so wait for a pullback to below $17.
DON'T BUY
Bouncing off the bottom quite nicely. Competition Novatel Wireless (NVTL-Q) is stumbling rather badly. Introduced some new products that are doing really well. However, there are technologies like Wimax from Intel (INTC-Q), which could enormously disrupt their business. Well run company with strong products and strong partnerships. He doesn't like the risk.
DON'T BUY
(Market Call Minute.) Not his favourite. Not a space he wants to be in. Too volatile.
BUY
(Market Call Minute.) Has recently done and accretive acquisition. Appears cheap. Great opportunities, especially with the new USB products.
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