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Strategies & Market Trends : Trader J's Inner Circle
NVDA 181.30-2.8%Nov 18 3:59 PM EST

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To: Trader J who wrote (3013)1/2/1999 9:32:00 PM
From: Trader J  Read Replies (4) of 56535
 
VVID - Looks very attractive here and I may be playing this one soon. Maker of airport detection equipment and has very nice fundamentals at this price.

Coming off of short term support at 5. Very attractive P/E of 9 with a forward looking P/E of 5.7. Very nice expected EPS growth and decent analyst coverage.

Nice low float as well. I see about a point of downside risk here with an upside price of 10-12 if we can get ANY sort of positive news in the way of new contracts or quarterly numbers.

Keeping a close watch on this one.

TJ
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