An electronic manufacturer, they make stuff for other companies. Their biggest customer is Cisco. They have plants around the world. It’s an up and down industry because you are dependant on how other companies do. They are starting to turn around, earnings projections is going up, bought back about 30% of their stock, they have a ton of cash. Raised their guidance. He likes the outlook. Doesn’t pay a dividend. (Analysts' price target $12.34)

It has an interesting pattern.  After a correction you can get clues that the downtrend is over by watching for a period of consolidation.  Higher lows an higher highs.  This is what they are doing so you could see a movement up.  Buy it if it breaks the high end of the short term trading range.

He is taking his time looking at this one.  They have really struggled and earnings over the last couple of quarters have been disappointing.  But what he likes is that capital spending will eventually fall into their hands.  At some point things will turn.

(A Top Pick Jan 6/17. Down 17%.) Recent earnings have been a disappointment, down 25% on Oct 25. He used a stop loss to sell the stock earlier.

$300 million in cash and less than 9 times earnings.  They just can’t get any love.  It had a bit better execution in terms of earnings and they could get recognized.  They buy back stocks.  Leverage on their operations is quite high and it has not performed yet.  (Analysts’ target: $14.87).

It had a great run, was a cheap stock and still is.  Phenomenal balance sheet.  They have room to move.  Price momentum is the knock against them.  They had a bad quarter and then more sellers brought out more sellers.