Comments on Internet related stocks.
Turns out one of these guys thinks EMS companies are internet related.
Here's the clip and link:
5) Shawn Severson, Vice President-Equity Research at EVEREN Securities, talks about Infrastructure and Building Block companies.
Many investors are unaware that there are many companies in the
materials, PCB (printed circuit board), and EMS (electronic
manufacturing services) industries that have leverage to the Internet
as suppliers to the major hardware companies. These companies, he
claims, are "good lead indicators of the electronics industry...as
indicators of where the market is going before it shows up in the
results of companies like Hewlett-Packard or IBM."
Asked for stocks he is recommending, he says, "I like a number of
the premier companies in the industry, including Plexus (NASDAQ:PLXS), Jabil (NYSE:JBL), Sanmina (NASDAQ:SANM), Solectron (NYSE:SLR), and The DII Group (NASDAQ:DIIG). I would suggest Hadco (NASDAQ:HDCO) in the PCB sector and I would suggest Rogers Corporation (AMEX:ROG) on the materials side." He does admit, though, these stocks "tend to carry a higher level of operating leverage than large OEMs, which can be good or bad depending on which side of the cycle you're sitting on."
fast.quote.com
Paul |
