Anyone following this small power supply company? Sales are growing at a 25% clip, nice order backlog, and earnings growth is spectacular. Just posted 10 cents vs 3 cents for the 1'st Q. It trades at a trailing P/E of about 20. Quite a find!
They are active in the telecom, computer peripheral, and medical device areas. Very small float and thinly traded, but that boosts movements in price when people are interested. Traded as high as 16 in the last few months, and broke out of a 20% 2 month consolidation today. Target price of 18 in 6 - 9 months. New products to be released in the upcoming quarters keep the prospects sizzling!
Cheers,
Peter Shaw |
