Cogo Group, Inc. (NASDAQ:COGO)
CAPS Rating:
The Company provides customized module design solutions for a set of applications and end markets, serving as a gateway for its technology component suppliers to access electronics manufacturers in China.
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This is worth more than twice it's recent trading price by my methodology.
Company is now in the black but has been in the red most very recently, which could account for the undervaluation.
The CEO paid over $5 on the open market in June of last year.
Company also has an unfinished stock buyback program in place, which is something I didn't know about when I made this pick.
My reading of the latest charts is that support levels have been tested lately but have held.
No guarantee this will be making "New High" lists any time soon, but still desirable, IMO.