Small Cap Stock Picks Technical Analysis: 9/01/08
Sep 2, 2008 Small Cap Stock Picks, Technical Analysis
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Small Cap Stock Pick:
???? looks like it could turn out to be a great bounce play here as earnings released were hot and they announced a $40m share buy back program over the next 16 months which will help boost price at these low levels. Valuation of this stock is dirt cheap at the moment as well and looks like this is a good time to catch this bottom. Analysts are expecting earnings of .34 for the following year in an industry trading at an average earnings multiple of 24.75 giving this stock an estimated future fair value near $8.50 among its trading peers compared to Fridays closing price of 4.80. Im Long 4.82.
Tags: small cap, stock picks, Technical Analysis















