Check Point Software Technologies Ltd. (NASDAQ:CHKP)

CAPS Rating: 4 out of 5

The Company develops, markets and supports a range of software and combined hardware and software products and services for IT security, and offer its customers with a portfolio of network security, data security and management solutions.

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Player Avatar fladoy (97.36) Submitted: 2/13/2009 11:15:05 AM : Outperform Start Price: $23.09 CHKP Score: +65.25

The stock still trades cheap, only 12.5 times a 2009 EPS estimate of $1.85. The company is cash flow positive and the balance sheet is free of debt. Cash on hand is about $510 million. Not only will Check Point be able to survive a more prolonged slowdown, the company could thrive. The company’s large cash balance will give it the opportunity to acquire distressed rivals and increase market share.

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