Well, I bought EASI a few weeks ago, after it aced almost all my value & growth screens. Of course, it went down as soon as I bought it (no way can I time the market), and is still down 3%. Now that I have found this thread, I must say that some remarks here give me hope EASI will go up again.
A couple of questions: 1) Looking at its chart, EASI's stock seems quite volatile. Any particular reason why?
2) What industry is EASI in, anyway??? Telescan has it classified with Electronics/Electric Components (??), Yahoo has it with Aerospace/Defense, and Market Guide with Miscellaneous Capital Goods. This may seem a silly question, but since I rely rather heavily on industry ratio comparisons, it's important for me to be comparing EASI with the "right" industry. On top of that, there's the matter of "group rank": electronics/electrical components is down at the bottom of the heap at the moment; miscellaneous capital goods is also pretty low on the totem pole; but aerospace/defense (subsystems/components) is in the 88th percentile. Depending on how you classify EASI, you could argue that EASI is being held back or pulled down by weak stock performance for the group as a whole -- or that it will be pulled up by the strong performance of its group.
I know that EASI has great valuation ratios, great free cashflow, a strong balance sheet, good eps and fair sales growth (but rather low profit margins -- why?). However, as should be obvious, I don't have much of a handle on what it does. That is, I know it has two subsidiaries, that it makes air conditioning & heating systems & plastic projects & etc. -- but what does that actually mean? Does EASI have its own "niche"? What about market share? Is there a lot of competition? If anyone has any info. on such matters, I'd appreciate it if he/she/they could pass it on. Thanks. |
