DON'T BUY
Long-term, there is good opportunity for this company, but wouldn't buy at the moment. It ranks 499 out of 700 which is the bottom third of his database. Earnings estimates have been chopped by 25% and are expected to drift down from $1.29 to $.81. Have just announced a contract that will be quite significant. Expensive.
BUY
A low-risk way of getting into the aerospace side. Ranks 17 out of 700 in his database. Small market cap at $33 million. Jan/07 earnings are expected to be $.13, up from $.03 which gives a P/E of 9 X’s. Cheap.
DON'T BUY
The techno analysis has said that if the stock dropped below $2.60, it would go to $1. His Quant model seems to share that view. It is in the bottom 1% of his database.
BUY
Fairly high volatile stock. A news item suggested that Toshiba will be selling their note books into Europe which will come with this company’s embedded solution. Ranks 23 out of 700 in his database. Earnings estimates have been revised dramatically upwards.
HOLD
Would not buy because of market concerns. Last earnings report showed they were okay in spite of not selling any other devices into Volkswagen Brazil.
DON'T BUY
Small market cap of $15 million. Sales have not been as good as expected. Expected loss of $.04 in earnings in 2007.
DON'T BUY
Expect it to lose $.12 this year but expected to earn $.05 in 07. If it does, it will have a P/E of 20. It ranks in the bottom 10% of his model.
DON'T BUY
This sector has too much capacity. Estimates have been shaved by 8% in the last 90 days. Expecting slower spending by consumers and industry next year which would be a negative for them.
HOLD
5th largest installed base of subscribers in the world. New devices/subscribers they are adding has an average price and monitoring fee that is lower than the existing installed base. Analysts expect they will make money in 07 on a net income basis.
BUY
Had a consolidation of 4 to 1. In the top 5% of his database. Expecting a 55% earnings growth. Some big opportunities coming over the next several months. Likes their recurring revenue.
TOP PICK
(A Top Pick Mar 13/06.) Feels that the four-year bull market has ended. Feels that cash of 30/50% would be appropriate.
PAST TOP PICK
(A Top Pick Mar 13/06. Up 52%.) This is due to a dramatic improvement overall in the aerospace industry. Continuing good opportunity over the next couple of years.
TOP PICK
(A Top Pick Mar 13/06. Up 7.8%.) Feels there is still a good opportunity for both earnings improvement and a change of ownership. Has recently continued to add to his position. 30/50% of their business is with General Motors (GM-N) but even if GM stubs its toe, contracts with Onstar would continue to be honoured. Would not rush out and put new money in right away.
WAIT
Bottom 1/3 of his database. Estimates have been shaved by 9% in the last 90 days. Earnings expected to grow to $3.54 in Feb/07. Current P/E is 20% and expected to drop to 15%. A high beta stock and with his cautious outlook on the market, you should be able to buy it cheaper in the next 3 months.
WAIT
A negative earnings surprise when they reported. Expected to earn $.16 through the Jan/07 year. Cautious on the market and you may be able to buy it cheaper in the next 3/6 months.