Bally Technologies, Inc. (BYI)

hansthered0 (< 20) Submitted: 6/19/2008 7:19:16 PM : Start Price: $39.65 BYI Score: -1.27

I like this stock because I think they are well positioned for the virtual reality gaming explosion soon to come.

Not only that, but while this stocks price has increased by just over 50% this year I don't think the market has yet priced in the new levels of profitability. The increase shown in the first quarter of 08' was 36% more sales AND 3 TIMES more profitability. That makes a world of difference.

Basically this company got 36% bigger and 3 times more profitable over night and the stock price went up only 52%.

Now lets look at the EPS projections:

1 year: 28.1%
5 year: 30%

But wait there's more...

This company has a very nice return on equity (42%) and an asset turnover of 1. Combine all that with the longevity and durability of this technology company and I am willing to put my money where my mouth is. (or at least my CAPS rating)