Fred, my top pick now is CREAF. I am not out of the DD stocks, but am looking to (should I see something else that catches my eye). New estimates on WDC are very scary, and I think it could drift into the low teens.
My other large holding is QCOM. Very volitile, but a good company. High growth, high p/e. Have patents on CDMA, the fast growing standard for wireless... Likely to have estimates upgraded in the next 2-3 weeks as "visibility improves."
Also, I still like GTW if it can break its down trend. The financials are there, and I feel there is a good chance they will beat estimates. I will not be a buyer until after earnings-warning season, either though!
Other than that, I just thought I would point out something from CREAF's annual report, which I just received yesterday. In the letter to shareholders from Sim:
"By leveraging on the success of our branded mutimedia components, we believe we can move aggresively into the business of supplying these branded multimedia components as a complete kit to the OEM...market."
That is why I am so big on CREAF. IMO, analysts aren't modeling growth from this, and many other sources. Getting even one OEM contract would be huge. And with a complete line of multimedia products, they should be able to offer the kit at a very competitive price.
Brian |
