lgrunner34 (62.67)

US Financial Blip

January 27, 2012 – Comments (0) | RELATED TICKERS: URRE , WIFI , RFMD

It is becoming increasingly difficult to imagine that we are in a financial recession to this point as our stock markets continue to show positive growth.  These are troubling times in which our government's debt is soon to outflank our GDP thanks to corporate greed, poor financial decisions, and the ever increasing cost of the uneducated/unemployed draining our economy.  Please do not let my own personal politics (Republican) influence anyone's opinion, but I feel the way out of this trouble is less government regulation to again allow us to compete in the global market with such low regulated production places as China and India.  The current unexpected boom since New Years has been troubling to say the least.  Just two days ago Abbot Labratory which produced a great growth and increase in income for the fourth quarter decided to not increase job, but instead decrease them following this news.  What does this tell us? It tells us just how bad this economy is when a well run company still in the green has to cut jobs in order to maintain relevant and in a good financial place.

 This leads me to some financial advice for the future.  I believe that the 7% growth or so predicted so far by economists is greatly exagerated and if the number is positive at all by the end of the year then I will be pleasantly surprised.  The industries where I see the posibility for the best growth/stability in these times are in the technology and in the comodities market.  The three stocks I wish to talk about are URRE, RFMD, and WIFI.

URRE (Uranium Recources) is a well established distributor of Uranium in the global market.  The fact that all uranium stocks were battered by the Japan disastor boads well in the future to these uranium companies who managed to not acrue much debt over the past year. I believe URRE with it's current price at under $1.10 is a definite buy going forwards despite it's already stellar start to the 2012 season.

RFMD (RF Micro Devices) designs, develops, manufactures, and markets radio frequency components and compound semiconductor technologies in the United States and internationally.  Currently the price is below $5.10and is near it's 52 week low due to an increase in quality of its products in trying to aide the new smart phone takeover of the cell phone domain.  My prediction is a near $6.00 by April so keep a close eye on RFMD for the next few months.

WIFI (Boingo Wireless) is poised for in my mind the highest floor for all these companies and a ceiling for the next 2 years of a 200% increase in value.  At the current price of under $8.10 I am extemely bullish about the possibility of a company which provides wireless connections for devices in such places as sporting events and airports.  I could see this company becoming one of those next big things.